Friday 27 February 2015

India can boost investments, hit borrowing targets - Economic Survey


An employee poses with the bundles of Indian rupee notes inside a bank in Agartala
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An employee poses with the bundles of Indian rupee notes inside a bank in Agartala, August 22, 2013. …
NEW DELHI (Reuters) - India can increase public investments and still hit its borrowing targets, a finance ministry report said on Friday, in an indication that Finance Minister Arun Jaitley will stick to debt targets in his maiden full-year budget on Saturday.
The government should meet its medium-term target of lowering the fiscal deficit to 3 percent of gross domestic product, the economic report said.
(Reporting by Manoj Kumar; Editing by Malini Menon)

Culled from Reuters

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