Thursday, February 4, 2010

India's Fiscal Deficit

*FY10 budget estimate
Source: Economic outlook for FY10, Economic Advisory Council
Today chat of the day is 'India's fiscal deficit' over the years our fiscal deficit improved and that shows in this above pattern very effectively.
The Government is really finding difficult to manage the deficit because of the change/hike of the oil prices time to time (By the OPEC). The domestic fuel cost hike may be the must to tackle the deficit effectively.Let see what the decision comes at last....A raise in the Domestic fuel cost?

3 comments:

  1. Yes, we too waiting for the decision. Hope that this time domestic fuel in India do not fire our happiness.

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  2. The Government is really finding difficult to manage the deficit because of the change/hike of the oil prices time to time. Travel India

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