New Delhi, Feb. 11 -- Noting that finance ministers all over the world are perennially in search of revenue to balance government budgets, acting Finance Minister Piyush Goyal on Sunday favoured printing currency as a way of deficit financing, citing the example of the US.
Goyal's remarks follow his presentation of the interim Budget 2019-20 earlier this month, which contained major largesse for the stressed agriculture sector as well as tax sops for the middle class with implications for the fiscal deficit.
The fiscal deficit estimate for the current year has been revised upwards to 3.4 per cent of the gross domestic product (GDP).
"As finance ministers we are always in need of money," Goyal said addressing the foundation day anniversar...