Finance Minister P Chidambaram on the State of the Economy

  • 10 years ago
Finance Minister P Chidambaram on the State of the Economy

Economy more or less stable. No one talks of downgrade as fundamentals are strong.

FY14 Fiscal Deficit seen at 4.6% of GDP

In the last 18 months, have tried to pull back on monetary expansion, contained expenditure, tried to stabilise growth.