Achieving fiscal deficit target of 4.1% is a "tough task": Finance Secretary

India Infoline News Service | Mumbai |

There are clear signs of economy picking up, the government has taken very large number of bold decisions, says Mayaram

Finance Secretary Arvind Mayaram reportedly said the government will contain fiscal deficit at 4.1 per cent (of the GDP)

It is a tough task.There are clear signs of economy picking up, the government has taken very large number of bold decisions, says Mayaram

On the deficit zooming to 56% of the Budget 2014-15 target in the first quarter (April-June) itself, Mayaram said: "In certain months, the government expenditure is higher.

 

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