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“Govt Will Achieve Fiscal Deficit Target”

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November 27: N.S.Venkatesh, Chief General Manager & Head Treasury- International Banking, IDBI Bank, says, “We believe that fiscal deficit target of 4.8% will be a sacrosanct number.” Indranil Pan, Chief Economist, Kotak Mahindra Bank, adds, “There could be some amount of accounting fiddle that the government may undertake to contain fiscal deficit at 4.8%.”