India must uphold current account deficit at 2-2.5% of GDP

Written By Unknown on Kamis, 10 Juli 2014 | 23.06

India will have to ensure that the current account deficit is maintained at 2 to 2.5 percent of the gross domestic product in 2014/15, Finance Secretary Arvind Mayaram told reporters on Thursday.

Also read:Modi Budget: Increase in FDI defence to reduce CAD in long run

He was speaking soon after the government unveiled the Budget in parliament.


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