Fiscal Deficit: Economic prospects for FY13: CARE Ratings

CARE Ratings has come out with its report on economic prospects for FY12 and FY13. According to the rating agency, fiscal consolidation will restrict the ability of the government to spend in large manner as the focus shifts towards tightening. Therefore increase in growth by around 1% point appears to be farily optimistic.

February 23, 2012 / 19:48 IST

CARE Ratings has come out with its report on economic prospects for FY12 and FY13. According to the rating agency, fiscal consolidation will restrict the ability of the government to spend in large manner as the focus shifts towards tightening. Therefore increase in growth by around 1% point appears to be farily optimistic.

The PM

first published: Feb 23, 2012 07:31 pm

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