Govt projects fiscal deficit at 3.3% of GDP for 2018-19
Delivering the 2018 Budget speech, Finance Minister Arun Jaitley announced that the fiscal deficit target for 2018-19 was 3.3% of the Gross Domestic Product( GDP). He also revised the fiscal deficit estimate for the current financial year to 3.5% of GDP as against 3.2% earlier. He added that government has consistently worked to reduce the fiscal deficit since 2014.