and the mines ministry.
"There was too much expenditure cushion given in the budget," an official said.
Officials say the government will not breach its FY14 fiscal deficit target of 4.8% of the GDP even if it means cutting expenditure in employment schemes such as MGNREGA and Indira Awas Yojna as there are sums that lie unutilised there. Till October 2013, fiscal deficit had reached 84.4% of budget estimates. The government could roll over some of the expenses to next year and ask for special dividends, but that may not bring in the required funds. Ultimately, the axe will fall on expenditures. The situation is as bad as last year and there is no way to crank up growth beyond 5%," DK Joshi, economist at CRISIL, said.