PM's advisors differ with finance ministry

The Prime Minister's Economic Advisory Council (PMEAC) on Friday differed with the finance ministry's optimism that the current account deficit (CAD) would be fully financed in 2013-14 without drawing from the foreign exchange reserves. It also said containing the Centre's fiscal deficit at 4.8 per cent of gross domestic product (GDP) in 2013-14 would be a challenge.

Read Full Story>>