Budget 2014: P. Chidambaram says will need to bring down fiscal deficit to 3 pct of GDP by 2016-17

Written by Reuters | New Delhi | Updated: Feb 17 2014, 20:16pm hrs
Budget 2014Finance Minister P. Chidambaram told parliament that the country needs to contain the fiscal deficit at 3 percent of GDP by 2016/17. (AP)
Finance Minister P. Chidambaram told parliament that the country needs to contain the fiscal deficit at 3 percent of GDP by 2016/17.

Chidambaram was presenting an interim budget to tide public finances over until a new government is formed after elections due by May.