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Dear Comrade (Telugu Movie)
Telugu Movie
The story ofDear Comradeis going to revolve around cricket. Rashmika Mandanna will be seen as a cricketer in the film and the actress already said that she started preparing for

Judgementall Hai Kya (Hindi Movie)
Hindi Movie
Mental Hai Kya is an intriguing thriller filled with ounces of humor. The film is a thrilling journey of Bobby Batliwala Garewal who is a deadly concoction of half Parsi half

Superstar (Urdu Movie)
Urdu Movie
Momina & Duraid Films' SUPERSTAR featuring the gorgeous Mahira Khan (Bin Roye, Bol, Raees, Verna) and the dashing Bilal Ashraf (Janaan, Yalghaar, Rangreza) in lead roles is a

Gujarati Dayro with Sairam Dave
Cultural
Gujarati Jalso comes to Phoenix. For those of you who love Gujarat’s rich culture, here’s some great news. The much-awaited Gujarati Dayro, a grand extravaganza that portrays

Interim Budget 2019: Piyush Goyal says govt did not make adjustments, presented true figures

Feb 9 (AZINS) Union Finance Minister Piyush Goyal said Friday the government wanted to give a true picture of the accounts in the Budget and did not resort to any "adjustment" for misrepresenting the fiscal slippage.

The comments come in the backdrop of concerns raised from various quarters, including global rating agencies, about the government's move to up spending in a way that it slipped on the 3.3% deficit target for Fiscal Year 19 and also went for a wider 3.4% in Fiscal Year 20.

Speaking at a post-budget consultation with the industry, Goyal also said rounding-off of decimals is resulting in the slippage, pointing out that the deficit will come at 3.367 %, while the same for Fiscal Year 20 is 3.349% that gets rounded off to 3.4%.

Beyond the optics, Goyal said it was the government's commitment to transparency which resulted in the actual statement of accounts and recalled that Prime Minister Narendra Modi had also advised the same in pre-budget discussions.

"If I wanted to, this required only an adjustment of Rs 5,017 crore in a budget of Rs 25 lakh crore for achieving the fiscal deficit target," he said.

Similarly, an adjustment of Rs 1,250 crore would have taken the Fiscal Year 20 fiscal deficit number to 3.3%, he said.

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