MUMBAI, India (AP) — India’s finance minister unveiled Monday a restrained mini budget for the government’s remaining months in office, saying the budget deficit has narrowed and pledging to keep public spending steady.
Palaniappan Chidambaram said that the Indian government’s finances are in better shape than a year ago, with a projected budget deficit of 4.6 percent of gross domestic product for the financial year ending March 31, lower than the target of 4.8 percent.
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