Economic Affairs Secretary Arvind Mayaram informed that the government would not overshoot its revised fiscal deficit target of 5.3 percent in 2012-13. Earlier, Finance Minister P Chidambaram said this year fiscal deficit will be 5.3 per cent, instead of the budget estimate of 5.1 percent.
Tag: economy
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Wanted: Double-engine pull!
The way for Indian Railways to capture back some of the market lost to roads is through privatisation. Although the intent is there, privatisation of rail logistics is a while away because the fundamentals, including documentation formats, do not exist.
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Expertspeak: Integration and differentiation needed
Did the MA 2020 miss the proverbial bull’s eye, or is there an explanation beyond bureaucratic and ministerial walls to the fact that there is still no serious mention of connectivity and integration of interests, and of treating shipping and ports differently?
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Spain beckons: The environment is enabled: Now for action
After having ignored each other for centuries, economic and commercial relations between the two countries have been growing steadily throughout the past 15 years.
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Let's get scalability right
As crowded as our cities are, expensive urban transit systems have so far been more sizzle than steak.
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Forecast: Credit to continue upward
The Indian banking sector has withstood the global financial turmoil and continued to grow at a healthy pace.