27/07/2014
By Ratul Puri
The current Government has to enact a fine balancing act in order to manage the Revenue gap, deal with Subsidies valued around Rs. 2,46,000 crore, restarting the GDP growth and more importantly providing uninterrupted 24X7 power supply to the country.
The fiscal deficit of about Rs 2,408.37 billion ($40.05 billion), or 45.6 percent of the full-year target, almost 5 percent GDP along with subsidies are critical aspects that hinder the private inves ..
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In order to create and sustain a robust growth, India needs to address the shortfall in its infrastructure facilities and clear the log jammed projects.