Moneycontrol PRO

business

Deficit target should be based on GDP: Chief Statistician

CSO has come out with a new series of national accounts with 2011-12 as the base year for computing the gross domestic product. On the back of those changes, it announced that FY14 GDP growth has been revised to 6.9 percent. TCA Anant, Chief Statistician of India says the fiscal deficit target should be based on GDP.

first published: Jan 30, 2015 09:56 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347