business

GDP at 4.9% worst case; see fiscal deficit at 5.2%: Expert

India Ratings says that the country's FY14 GDP of 4.9 percent is the rock-bottom level. It also sees the fiscal deficit to be around 5.2 percent of the GDP and is wary of reduced planned expenses by government to put a cap on this deficit.

first published: Oct 23, 2013 03:25 pm