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IndiaPosted at: Sep 15 2018 11:21PM


Talking about the meeting, the Minister said today was the internal meeting with the Finance Ministry, where the Department of the Economic Affairs gave a detailed presentation. The Prime Minister took a review of the various departments of the Finance Ministry.
Due to the rising crude oil prices in the international market, the country's trade deficit is increasing, which can be a challenge in achieving fiscal deficit targets. The total trade deficit for the current financial year from April to August is 80.35 billion dollars, which is 19.44 per cent higher during the same period of the previous fiscal year of 67.27 billion dollars.
On Friday, in a similar meeting under the chairmanship of the Prime Minister, they had deliberated upon the reasons and ways to check the adverse impact that the fall in rupee value is likely to have on the economy and retail inflation and sky-rocketing prices of diesel and petrol.
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