Fiscal Deficit To Be At 3.4% Of GDP This Year: Piyush Goyal

INSUBCONTINENT EXCLUSIVE:
the fiscal deficit will be at 3.4 per cent of GDP this year.Presenting the Budget for 2019-20 in the Lok Sabha, Mr Goyal also said that
current account deficit is likely to be 2.5 per cent of GDP this year.He further said India attracted USD 239 billion in FDI (foreign direct
investment) in the last five years."We have liberalised FDI allowing more investment through automatic route," he said.Stating that the
government had "undertaken path-breaking structural reforms by introducing GST and other reforms", he said that the NDA government has been
able to rein inflation."If we had not controlled inflation, our families would have been spending 35-40 per cent more on daily use items,"
Mr Goyal said.(This story has not been edited by TheIndianSubcontinent staff and is auto-generated from a syndicated feed.)Find LIVE Budget
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