Fiscal deficit target to be reassessed:
``The fiscal deficit target for the current financial year will be reassessed after mid-year review depending on the pace of expenditure and resource position of the government,'' Finance Minister P. Chidambaram said in a written reply to the Rajya Sabha.
New Delhi, The government is hopeful of meeting the 5.3 percent fiscal deficit target in the current financial year despite a poor response to the second generation spectrum auction, Finance Minister P. Chidambram said Friday.