"There are three major changes that we are undertaking for the next year (Budget). First presentation of Budget is advanced by about a month. So there is a mismatch between revenues and expenditure in the first. As we proceed in the second half revenue starts coming in and expenditure gets evened out. Therefore, fiscal deficit target of 3.5 per cent for the current fiscal will be met," he said.For the current fiscal, he said, the growth would be upwards of 7.6 per cent as agriculture sector has shown improvement.

Source: Economic Times November 04, 2016 09:59 UTC