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Govt revises FY20 fiscal deficit target to 3.8% from earlier target of 3.3%

Sitharaman, who was presenting the annual budget in parliament, also pegged the fiscal deficit target for the year 2020/21 at 3.5% of the GDP

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People listening Finance Minister Nirmala Sitharaman Budget Speech in New Delhi on Saturday. Photo: Dalip Kumar

Reuters New Delhi

1 min read Last Updated : Feb 01 2020 | 1:21 PM IST

India's Finance Minister Nirmala Sitharaman on Saturday revised the country's fiscal deficit target to 3.8% for the current fiscal year, from an earlier target of 3.3%.

Sitharaman, who was presenting the annual budget in parliament, also pegged the fiscal deficit target for the year 2020/21 at 3.5% of the GDP.

Topics : Fiscal Deficit Budget 2020