Shankar Acharya (ICRIER) feels that the fiscal deficit at 5.1% by FY13 end is not too credible especially after the events that have happened after the Budget regarding the Railway Budget debacle. The subsidies are going to be significantly higher than budgeted.
According to him things just donDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!