Fiscal deficit to be brought under control: Ahluwalia

Wednesday, 15 July 2009, 14:33 IST
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New Delhi: The government is determined to bring the fiscal deficit under control, Planning Commission Deputy Chairman Montek Singh Ahluwalia said here Tuesday. Addressing economists at a seminar organised by the India Policy Forum, he said the fiscal stimulus provided by the government had put a burden on the deficit but the package was necessary in the given economic scenario. "I clearly think the fiscal stimulus was necessary, we were facing a negative trend. "But we have to get out of this fiscal deficit and that's what the government is trying to do," Ahluwaia said.
Source: IANS