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

Feb 17 2014, 14:46 IST
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Finance 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. (AP)
SummaryFinance Minister P. Chidambaram told parliament that the country needs to contain the fiscal deficit at 3 percent of GDP by 2016/17.

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.

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