Fiscal deficit in 2012-13 is projected to be about 5.3 percent of the GDP. The government has unveiled a roadmap to consolidate fiscal deficit. This was stated by Minister of State for Finance Namo Narain Meena in a written reply in the Lok Sabha today. He said the government is committed to continue the process of fiscal consolidation in the coming years. The Budget 2012-13 aims to cap the expenditure on central subsidies to two percent of the GDP. The Minister hoped that the reduction in subsidy for diesel along with the announcement of disinvestment in certain public sector undertakings will bring down the fiscal deficit