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India to meet 2021/22 fiscal deficit target - adviser

By Reuters

  • 30 Nov 2021
India to meet 2021/22 fiscal deficit target - adviser
Credit: Reuters

India will achieve its fiscal deficit target of 6.8% of gross domestic output in 2021/22, its chief economic adviser said on Tuesday, amid concerns that the government may fall short of its privatisation target. 

K.V. Subramanian said India's economic output for the 2021/22 fiscal year ending on March 31 will be at "double digit" levels, and will grow 6.5%-7% in the following year. 

India's fiscal year starts on April 1 and runs through March. 

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