Many private economists consider the deficit target optimistic, citing weak tax receipts in a sluggish economy and high federal expenditure commitments.
These have to be passed in this session to meet the September 15 deadline for switching over to the new indirect tax regime, Jaitley said.
There is nothing wrong with government and RBI having conflicting opinions.
About 15 per cent of the country's total GDP comes from agriculture.
Finance Minister Arun Jaitley was on Friday at the centre of a row over his "small rape incident" remark with attack being mounted on him from various quarters even as he said he had not referred to any particular case and that he had no intention of trivialising any crime.
'On the tax front, most of the Budget proposals are sensible'.
'Digital India' initiative has a huge potential, he said.
