Govt will strictly maintain 3.3% fiscal deficit: Arun Jaitley

Updated:4 months, 1 week ago IST

New Delhi, Sep 15 (ANI): Union Finance Minister Arun Jaitley on Saturday said that the government will strictly maintain 3.3 per cent fiscal deficit. Today was the internal meeting with Finance Ministry. Department of Economic Affairs (DEA) gave a detailed presentation. Prime Minister Narendra Modi took a review of the various departments of Ministry of Finance. The Finance Minister said, “The government is confident and will strictly maintain 3.3 per cent fiscal deficit target. As far as capital expenditure is concerned, already we have spent about 44 per cent of the budgeted expenditure till August 31 and we will end the year without any cuts and will maintain the 100 per cent capital expenditure.” “The government is confident that we will have a growth rate higher than what he had projected earlier this year in the budget. The inflation is broadly under control,” said Arun Jaitley.

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