Fiscal Engineering May Contain Deficit At 5.3% Of Gdp In 01-02

The fiscal report card of the Centre for 2001-02 may well manage to contain the fiscal deficit at around 5.3 per cent of the gross domestic product and show an unchanged revenue deficit of 3.6 per cent of the GDP, thanks to a series of fiscal adjustments that the finance ministry has embarked upon.

While the Centre