Jaswant spreads `feel-good` message

  • 24/02/2004

  • Pioneer (New Delhi)

Finance Minister Jaswant Singh claimed that micro economic fundamentals in the country were currently stronger than anytime during the past fifty years. Talking to mediapersons here, he said GDP was going to be 8.9 per cent during the last quarter of the year and inflation rate is constantly between four and 4.5 per cent. "Fiscal and budget deficit is reducing gradually and we would achieve the zero budget situation in the years come," he said. When pointed out that a survey carried out by a British economic journal says India would like to have such a situation, but this is far from the realty, the Finance Minister said journalist are free to draw their own conclusions.