Deficit okay if govt spending covers gaps: adviser

(MUMBAI) A higher-than-normal fiscal deficit should not be a concern for Indian interest rates if government spending bridges the gaps in private investment, a policy adviser said on Tuesday.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,339102,00.html?