Nirmala Sitharaman to address post-budget RBI board meet on Monday

The Finance Minister would apprise the board of various other announcements made in the Budget to spur growth

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Budget 2019: Finance Minister Nirmala Sitharaman is scheduled to address the post-budget meeting of the RBI's central board on Monday and highlight the key points of the Budget, including the fiscal consolidation roadmap.

The government has lowered the fiscal deficit target to 3.3 per cent of the GDP as it is expecting net additional revenue of Rs 6,000 crore over the interim Budget estimates.
The government in the interim Budget in February had projected a fiscal deficit of 3.4 per cent of the GDP for the current fiscal.

The Centre also came out with a roadmap to reduce the...read more

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