India needs to focus more on revenue deficit than fiscal gap: NITI Aayog

The government spending over the last four years has been a growth driver but the negative perception hasn't receded, says NITI Aayog Vice Chairman Rajiv Kumar

India needs to focus more on meeting its revenue deficit target than adhering to the fiscal deficit aim, vice chairman at India’s top federal think-tank NITI Aayog said on Tuesday.

India needs to shift its obsession with the fiscal gap number and this “obsession must end,” Rajiv Kumar told a gathering of industrialists in New Delhi. 

The government spending over the last four years has been a growth driver but the negative perception hasn't receded, which needs to change, he added.

He said that rural wages would not have grown if India had jobless growth in the last four years.