Fiscal deficit to be lower than 3.3% target: Piyush Goyal
New Delhi, July 2: Finance Minister Piyush Goyal on Monday expressed confidence that the government will not only meet the fiscal deficit target of 3.3 per cent, but it will do even better than that.
He said while there were perceptions that the target will not be met, he was hopeful that his government will not only meet the target but "will actually do better than our budgeted fiscal deficit".
Goyal said this would be achieved on the back of robust revenue collection under the Goods and Services Tax (GST) which, he said, would cross Rs 13 lakh crore for the whole year.
According to government data, India's budgetary fiscal deficit for the two month period of April and May stood at 55.3 per cent -- Rs 3.45 lakh crore -- of the full year's target of Rs 6.24 lakh crore.
Earlier, the Finance Minister had assured that the government was monitoring and working to ensure that fiscal deficit will be maintained at 3.3 per cent despite this being an election year.
"We will meet the fiscal deficit target despite this being a year when traditionally -- as you would find in history be it 2013-14 or 2007 to 2009 period -- fiscal deficit, macroeconomic stability, good governence all were thrown to the wind for political exigencies," he had said.
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Birsa Munda's great-grandson, injured in road accident, dies of cardiovascular failure in Ranchi
Ranchi (PTI): Tribal icon Birsa Munda's great-grandson Mangal Munda, who was undergoing treatment at a hospital here after being injured in a road accident, died of "cardiovascular failure" on Friday, an official of the health facility said.
He was 45.
Mangal Munda breathed his last at 12.30 am at the state's apex health facility - Rajendra Institute of Medical Sciences.
Munda sustained severe head injuries after he fell from the roof of a passenger vehicle in Jharkhand's Khunti district on November 25.
"Birsa Munda's kin Mangal Munda died of cardiovascular failure around 12.30 am. He was on a ventilator after being critically injured. We tried our best to save him but failed," RIMS Medical Superintendent Dr Hiren Birua told PTI.
Prime Minister Narendra Modi's office, Union Health Minister JP Nadda and the Jharkhand Chief Minister's office were in touch with the RIMS authorities in connection with Munda's treatment.
