Moneycontrol
Feb 23, 2012 12:16 PM IST | Source: Reuters

Current a/c deficit deficit a matter of concern: FM

India's current account deficit is a matter of concern, Finance Minister Pranab Mukherjee said on Thursday.


India's current account deficit is a matter of concern, Finance Minister Pranab Mukherjee said on Thursday.

The current account gap for the current fiscal year that ends on March 31 is projected to widen to 3.6% of gross domestic product from 2.7% a year ago, according to estimates released by the Prime Minister's Economic Advisory Council.

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