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Budget 2014: Rangarajan says achieving 4.1% fiscal deficit tall order

FP Staff February 17, 2014, 15:42:51 IST

Finance Minister P Chidambaram seems to have hit the right notes with his 2014 Interim Budget, pegging the fiscal deficit for 2013-14 at 4.6 percent of the GDP, well below the red line of 4.8 percent. The year’s current account deficit will be contained at $45 billion.

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