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Indian government hopes to stick to 2015/16 budgeted fiscal gap target - Jaitley

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Reuters NEW DELHI
Last Updated : Dec 15 2015 | 5:58 PM IST

NEW DELHI (Reuters) - The Indian government hopes to stick to the budgeted fiscal deficit target for the fiscal year ending in March 2016 without cutting expenditure or deferring tax refunds, Finance Minister Arun Jaitley told lawmakers in parliament on Tuesday.

Jaitley has pledged to narrow the deficit to 3.9 percent of GDP in this fiscal year from 4.0 percent in 2014/15.

(Reporting by Rajesh Kumar Singh; Editing by Malini Menon)

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First Published: Dec 15 2015 | 5:52 PM IST

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