Business Economy 05 Jul 2019 Budget 2019: Govt lo ...

Budget 2019: Govt lowers fiscal deficit target to 3.3 per cent for FY20

PTI
Published Jul 5, 2019, 2:12 pm IST
Updated Jul 5, 2019, 3:44 pm IST
The fiscal deficit this year is 3.3 per cent brought down from 3.4 per cent.
While presenting interim Budget 2019-20 in February, the government had pegged fiscal deficit target at 3.4 per cent. (Photo: PTI/Representational)
 While presenting interim Budget 2019-20 in February, the government had pegged fiscal deficit target at 3.4 per cent. (Photo: PTI/Representational)

New Delhi: Finance Minister Nirmala Sitharaman on Friday lowered the fiscal deficit target to 3.3 per cent for the current fiscal from the earlier estimate of 3.4 per cent of the GDP.

"The fiscal deficit this year is 3.3 per cent brought down from 3.4 per cent," she said while presenting Budget for 2019-20.

 

Read also: Union Budget 2019 LIVE: Some relief for tax payers, focus 'gaon, gareeb aur kisan'

While presenting interim Budget 2019-20 in February, the government had pegged fiscal deficit target at 3.4 per cent. 

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Location: India, Delhi, New Delhi




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