Going into FY18-19, the ethos of fiscal consolidation has been preserved with the government targeting a fiscal deficit of 3.3 per cent. (Representational Image) Going into FY18-19, the ethos of fiscal consolidation has been preserved with the government targeting a fiscal deficit of 3.3 per cent. (Representational Image)Over the last few years, India had been taxiing along the path of economic recovery as structural and institutional enablers were getting resurrected at every checkpoint along the way. Going into FY18-19, the ethos of fiscal consolidation has been preserved with the government targeting a fiscal deficit of 3.3 per cent. The budget has achieved a policy milestone by creating a panoptic environment for a V-shaped economic recovery.

Source: Indian Express February 25, 2018 19:00 UTC