budget

Meeting fiscal defict target: ICRA does the math on savings

The government is likely to meet fiscal deficit target of 4.1 percent of GDP in the current financial year, says Aditi Nayar, economist at ICRA, but it will not be easy. She told CNBC-TV18 that although a lot of money came in from Coal India divestment, staggard telcom revenues and shortfall in net tax revenues can cause a problem.

first published: Feb 19, 2015 01:39 pm