March 27, 2015 2:02 PM

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Govt to achieve fiscal deficit target of 4.1% for 2014-15

Government will achieve fiscal deficit target of 4.1 per cent for 2014-15. Sources in the Finance Ministry said the government is on its way to achieve the target. The Economic Survey tabled in Parliament had termed it a daunting task. Government has set fiscal deficit target for the 2015-16 at 3.9 percent of gross domestic product. Fiscal deficit is the gap between government expenditure and revenue.

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