Finance minister P Chidambaram today said India is committed to fiscal prudence and that thee government will contain deficit at 5.3 per cent of GDP in the current year, and bring it further down to 4.8 per cent in 2013-14.
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India committed to fiscal prudence:
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GDP to grow at 7.5% in 2012-13:
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'Fiscal outlook creates very fragile base'
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Indian economy emerges as factor of stability in growth:
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Government's operating deficit came lower than expected
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Railway budget likely to show a deficit
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Economic growth to exceed 8 per cent next fiscal:
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India can be a $5 trillion economy by 2025:
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India to emerge from global economic crisis with stronger growth
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Public debt of rich countries to rise to 133% of GDP in 2020 from 102% in 2010;
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Fiscal deficit to come down to 6.5 percent
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Indian economy resilient enough to overcome challenges:
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There's scope to cut government borrowing:
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Budget 2010 to have bigger deficit:
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Government will borrow Rs.460 billion by late March
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Current account deficit makes up USD 3.4bn in 2009.
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India shows resilience amid economic downturn: