Expect measures towards fiscal consolidation in Budget 2012: Saugata Bhattacharya
By Prashant R Nair | Published On: March 01, 2012 09:45 (IST) | Duration: 8 min, 27 sec
Saugata Bhattacharya, Senior Vice President-Business & Economic Research, Axis Bank told NDTV Profit that the bounce back in growth may take longer due to low investments. He feels that the fiscal deficit for FY13 is likely to be around 5.1-5.2 per cent. "Expect some measures towards fiscal consolidation in the Budget," he said.