Kelkar Committee

  • Chidambaram unveils roadmap for fiscal consolidation 29-10-2012 12:24 PM

    New Delhi: Finance Minister P Chidambaram on Monday unveiled a five-year roadmap for fiscal consolidation while accepting Kelkar Committee's recommendations on the same. Expecting the fiscal deficit to remain at 5.3 per cent of GDP in the financial year 2012-13, Chidambaram said that a high fiscal deficit is unacceptable and...