Budget 2015-16: Government plans to bring down fiscal deficit: Jaitley

  • Feb 28, 2015
  • Views : 10496
  • 0 min read

  • bookmark

Finance Minister Arun Jaitley has presented the Union Budget 2015-16 and has said that the government will strive to bring down the fiscal deficit to 3 per cent in the next three years. Get more latest news for Budget 2015-16 on ZigWheels.com

Union Budget 2015-16

The government targets to bring down the fiscal deficit to 4.1 percent of the gross domestic product (GDP) in 2014-15 and further down to 3 percent in three years.

"We plan to bring down the fiscal deficit to 4.1 percent in 2014-15," Finance Minister Arun Jaitley said while presenting the Union Budget in parliament Saturday.

"We intend to achieve to achieve fiscal deficit of three percent in three years. Target is 3.9 percent in 2015-16, 3.5 percent in 2016-17, 3 percent in 2017-18," he added.

See what our community has to say! NEW

India's largest automotive community

Explore Now
comminity image
×
Recently Visited
Select Category