Economic scenario likely to improve: Survey

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PTI: New Delhi, Jan 22 2013, 00:04 IST
the fiscal deficit target set by the government is not achievable in the current scenario, he said.

The government hopes to restrict fiscal deficit at 5.3 per cent of the GDP in the current fiscal year in view of savings on certain expenditure and the likelihood of garnering budgeted proceeds from disinvestment and spectrum sale.

The government had earlier enhanced the fiscal deficit target from 5.1 per cent to 5.3 per cent.

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