Fiscal deficit to be brought under control: Ahluwalia

NEW DELHI - The government is determined to bring the fiscal deficit under control, Planning Commission Deputy Chairman Montek Singh Ahluwalia said here Tuesday.

Addressing economists at a seminar organised by the India Policy Forum, he said the fiscal stimulus provided by the government had put a burden on the deficit but the package was necessary in the given economic scenario.

“I clearly think the fiscal stimulus was necessary, we were facing a negative trend.

“But we have to get out of this fiscal deficit and that’s what the government is trying to do,” Ahluwaia said.