“Govt May Look At Curbing Expenditure”
  • Prabha Hedge
  • Nov 29 2013

November 29: Madan Sabnavis, Chief Economist, CARE Ratings, tells Bloomberg TV India that he is confident that Finance Minister P. Chidambaram will try and contain fiscal deficit at 4.8%. “However, the government’s expenditure cuts should not affect the capex cycle,” he adds.