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  • FM Arun Jaitley says government will maintain fiscal deficit this year without drawing from RBI reserves

    Published on December 19, 2018

    Finance Minister Arun Jaitley has said that the government has the best fiscal record and even this year the fiscal deficit will be maintained. He was speaking at a function organised by a private TV channel in New Delhi yesterday.

    Defending his government’s demands from the Reserve Bank to address certain issues including liquidity or fund problem in certain sectors, he said there is no threat to the autonomy of the central bank.

    The finance minister said these funds are not needed for funding fiscal deficit or government expenditure for this year till the month of May.

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