'FRBM panel to relax 2017-18 fiscal deficit target to 3-3.5%'
The government panel set up to review the working of Fiscal Responsibility and Budget Management (FRBM) Act, is expected to relax the fiscal deficit target to 3-3.5 per cent of GDP for 2017-18, says a report.
Jan 23, 2017, 14:46 PM ISTCEA hopeful of states containing fiscal deficit at 3% of GSDP
New Delhi: Chief Economic Adviser Arvind Subramanian today expressed hope that states will show "prudence" and contain their fiscal deficit at 3 percent of the GSDP.
Jun 03, 2016, 16:58 PM IST