HomeNewsBusinessEconomyUnion Budget 2012: Need to look at borrowing figures closely, says Ex-Fin Secy
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Union Budget 2012: Need to look at borrowing figures closely, says Ex-Fin Secy

Former finance secretary S Narayan says, fiscal deficit in percentage terms will be optically low due to inflation. According to him, one needs to look at borrowing figures closely in the Budget.

March 05, 2012 / 12:41 IST
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When Finance Minister Pranab Mukherjee presents the Union Budget 2012 on March 16, experts will be keenly hearing his comments on fiscal deficit. India's fiscal deficit is a cause for worry now. It is expected to exceed the targeted 4.6% of GDP.

Former finance secretary S Narayan says, fiscal deficit in percentage terms will be optically low due to inflation.
TAGS: #Budget #Economy #fiscal deficit #Pranab Mukherjee #S Narayan #Union Budget
first published: Mar 2, 2012 10:48 am

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