India is targeting a deficit target of 5.3 percent of its GDP for the fiscal year ending March 31, 2013, but at current spending India will fall short by about 20%, or roughly 2.06 trillion rupee. Among the measures to hit that target are a reduction in subsidies, which has implications for the solar market, reports Bridge to India's Jasmeet Khurana.
India is targeting a deficit target of 5.3 percent of its GDP for the fiscal year ending March 31, 2013, but at current spending India will fall short by about 20%, or roughly 2.06 trillion rupee. Among the measures to hit that target are a reduction in subsidies, which has implications for the solar market, reports Bridge to India's Jasmeet Khurana.
