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Pace of revenue expenditure slows as fiscal deficit target looms

Finance Minister Arun Jaitley has said the fiscal deficit target of 3.3 per cent of gross domestic product (GDP) will be met without any cut in capital expenditure

Topics
fiscal deficit | Revenue expenditure of the government

Arup Roychoudhury  |  New Delhi 



Pace of revenue expenditure slows as fiscal deficit target looms

As the Centre strives to meet a very challenging 2018-19 target in spite of committing itself to no let-up in capital expenditure in a pre-election year, the planners in the finance ministry hope for some savings on administrative and revenue expenditure.

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First Published: Thu, January 03 2019. 22:36 IST

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