From GST shortfall to MSP hike, Jaitley's fiscal promise faces many hurdles

The combined central GST, state GST and integrated GST target that the government is aiming for is Rs 1 trillion per month

Finance Minister Arun Jaitley said on Saturday that the government will meet its fiscal deficit target of 3 per cent of gross domestic product for the year, without cutting capital expenditure. This statement of intent aimed at markets and investors, is being considered bold by policy watchers and analysts, especially given the various challenges on revenue and spending front. 

After Prime Minister Narendra Modi chaired a review of the 2018-19, Union Budget and the work done by various departments of the finance ministry this year, Jaitley said that the Centre will end the year without any capex cut and will collect