Finance Minister Arun Jaitley for controlling fiscal deficit through expansion of economy

Two days before presenting his maiden budget, Finance Minister Arun Jaitley said the fiscal deficit needs to be maintained at an acceptable level by expanding the economy and tax buoyancy rather than by cutting expenditure. Responding to supplementaries during Question Hour in the Rajya Sabha, he said fiscal prudence is required because if the deficit rises it would mean borrowing more.


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