Finance Minister Pranab Mukherjee today said the global economy may fall into another crisis, if the lingering sovereign debt crisis in some of the eurozone economies is not contained. He said, if this happens it could have a debilitating impact on fiscal consolidation efforts. Mr. Mukherjee expressed the hope that the crisis in a small part of the eurozone, will not further expand to the greater part and be confined to those four countries. The Finance Minister said this, while speaking at a post-Budget meet organised by industry chamber Assocham in Mumbai. He said, he would not like to have a repetition of that situation in India by leaving a huge fiscal deficit and therefore, he had to resort to measures like lowering of fiscal deficit target for next fiscal and the tax-raising measures announced in the Budget for the next fiscal. Mukherjee said, he took advantage of the buoyancy in revenue and in both direct and indirect taxes, and thought it is time to resort to a further tightening of the belt, so that fiscal expansion could be brought back to manageable limits.Meanwhile, Finance Minister Pranab Mukherjee has sought higher investments from companies, in return for boosting their business margins through budget proposals, in which he spared hike in excise duty rates. He also sought help from Corporate India in pushing further the government's economic growth and reforms agenda and said this support was necessary for him to meet their expectations. The finance minister added that reforms are not a one shot exercise. He said, they have to be pursued continuously in keeping with the changing contexts and the growing aspirations of the people.