A look at P Chidambaram's five-year plan to repair government finances

Finance Minister P Chidambaram presented a five-year plan to repair government finances that targets a sustainable fiscal deficit of 3% of GDP by 2016-17.

Finance Minister P Chidambaram on Monday presented a five-year plan to repair government finances that targets a sustainable fiscal deficit of 3% of GDP by 2016-17 and promises to keep the fiscal slippage this year to the minimal.



ET explains...



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