Fiscal Outcome Indicates Significant Improvement in 2012-13 Continuing Fiscal Consolidation Critical for Higher Growth and Price Stabliity: Economic Survey
The Economic Survey 2012-13 presented by the Union Finance Minister, Shri P. Chidambaram in the Lok Sabha today emphasizes that the fiscal outcome of Central Government in 2012-13 so far indicates a significant improvement over 2011-12. The fiscal position of the States has continued to progress with fiscal deficit budgeted at 2.1% of gross domestic …