Not worried about budget deficit as spending up to support economy: FM

The government will ensure that state-owned enterprises continue with capital expenditure, she said

India will not worry about missing its budget deficit target as it seeks to step up spending to support the economy, Finance Minister Nirmala Sitharaman said.
 
The stimulus spending won’t be wound down in a hurry, she said in an interview to Bloomberg TV. The government and the central bank together have done a good balancing act, she added.
 
“For the present, I’m not going to allow the fiscal deficit number to worry me because there is a need, and a clear need, for me to spend the money,” Sitharaman said.
 
Sitharaman, who reviews government expenditure every