October 29, 2012 5:53 PM
Chidambaram’s unveils five-yr roadmap for fiscal consolidation
Finance Minister P Chidambaram today unveiled a five-year roadmap for fiscal consolidation while accepting Kelkar Committee's recommendations on the same. Expecting the fiscal deficit to remain at 5.3 per cent of GDP in 2012-13, Chidambaram said that a high fiscal deficit is unacceptable. He sa...