NEW DELHI (Reuters) - India will limit the fiscal deficit for 2013/14 to below 4.8 percent of gross domestic product, the finance minister said on Wednesday.
The fiscal deficit target is a red line that would never, never be breached, P. Chidambaram said at an event in New Delhi.
The fiscal deficit for 2012/13 is expected to be at around 5 percent of gross domestic product, government sources said earlier this month.
(Reporting by Manoj Kumar and Rajesh Kumar Singh; Editing by Ranjit Gangadharan)
