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GST will save us in FY19; fiscal slippage is mostly statistical: Jaitley

He says the glide path of the Indian economy would remain consistent

FM Arun Jaitley presenting the budget in the Parliament
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FM Arun Jaitley presenting the budget in the Parliament

A K Bhattacharya
In an interview with Doordarshan News, Finance Minister Arun Jaitley said the fiscal deficit slippage this financial year (2017-18) was largely statistical. He told A K Bhattacharya that the glide path of the economy would remain consistent. Edited excerpts:

This is the first time that you have slipped in meeting your fiscal deficit target.  How do you explain the slippage and what is your year-wise road map for the fiscal consolidation programme for the next few years?

You can theoretically use the word slippage, but essentially it is substantially statistical. For a 12-month year, my direct tax revenue is for