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India continues to remain a bright spot in world economy with robust macro-economic and fiscal parameters;

News and Press Release - Dated:- 1-6-2016 - Together with GDP growth of 7.9% in Q 4 of 2015-16 and 7.6% in the whole of 2015-16 The Provisional Accounts for 2015-16 have been released by the Government today (31.5.2016). Fiscal Deficit in 2015-16 stands at 3.9% of GDP as estimated both in BE and RE of 2015-16. This is a significant improvement over the Fiscal Deficit of 4.1% in 2014-15 and 4.7% in 2013-14. Revenue Deficit has also shown significant improvement due to increase in Capital Expendit .....

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