Business Standard

Govt is considering a number of steps to ensure there's no fiscal breach

Government has so far maintained that the 3.3% target will be met


Arup Roychoudhury New Delhi
The government has so far maintained that the fiscal deficit target for the year will be met, without compromising on capital expenditure. As the exercise for the interim budget 2019-20 begins, policymakers in the finance ministry are considering a number of steps to ensure no fiscal breach. 

Some of them are time-tested. Like rolling over subsidy payments to the first quarter of the next fiscal year, or taking back amounts unspent by various ministries. Some measures, however, may be new. Business Standard has learnt from informed sources that the Centre is considering holding back some portion of goods and services

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First Published: Oct 29 2018 | 5:30 AM IST

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