India must adhere to medium-term fiscal deficit target of 3 pct of GDP - survey

A private money trader counts Indian Rupee currency notes at a shop in Mumbai August 1, 2013. REUTERS/Vivek Prakash/Files

NEW DELHI (Reuters) - India must adhere to medium-term fiscal deficit target of 3 percent of the country's gross domestic product (GDP), a government economic report said on Friday. The government should ensure expenditure control to reduce fiscal deficit, the report suggests. (Reporting by Manoj Kumar and Rajesh Kumar Singh; Editing by Douglas Busvine)