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Business: RBI: fiscal deficit among highest in world

Click Here for Original Story: http://indian-stockmarket-updates.blogspot.com
posted by januram 1459 days ago

Indiaâ€™s fiscal deficit continues to be among the highest in the world and underlying pressures are not entirely showing up in headline fiscal numbers, Reserve Bank of India Governor Yaga Venugopal Reddy said on Monday.
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comments

| written by ray 1459 days ago Rating: 1 | Rate comment: + -

I think Indian government needs to take strict action for instead of just discussing the issue.
| written by ray 1459 days ago Rating: 0 | Rate comment: + -

strict action doesnt mean non democratic action. only if the government does something then we can reduce this fiscal defecit.

| written by garfield79 1459 days ago Rating: 0 | Rate comment: + -

Hey ray, interesting - what should the govt do to reduce the fiscal defecit? Any suggestions?

| written by ray 1459 days ago Rating: 0 | Rate comment: + -

first and foremost the govt should check the corruption level in the country which is ever increasing.

| written by garfield79 1459 days ago Rating: 0 | Rate comment: + -

Hmm interesting, checking corruption can control fiscal deficit?

| written by ray 1459 days ago Rating: 0 | Rate comment: + -

yes it can be the first step towards it.
| written by denny 1458 days ago Rating: 0 | Rate comment: + -

I agree with ray, iy the govt will not do anything then nothing is going to be resolved.