India Likely To Try And Balance Inflation With Fiscal Deficit: Sources

India Likely To Try And Balance Inflation With Fiscal Deficit: Sources

India is expecting to fight the inflation resulting out of the global factors as the uncertainties are expected to continue. Sources said that the Finance Ministry will try and balance the fiscal deficit along with the necessary measures needed to fight inflation. The exact position on the borrowing will be known only by June or July, sources said. On the GST front, sources said that though there may be a discussion in the Council on the rate rationalization measures it is unlikely that the suggestions will be implemented anytime soon due to the current inflationary pressures. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com