Finance Minister Nirmala Sitharaman on Wednesday said the projected fiscal deficit of 6.9 per cent for the current financial year is a "responsible" target as the government has tried to ensure a balance between keeping up expenditure and being fiscally prudent. Making an intervention during the discussion on the Union Budget 2022-23 in the Lok Sabha, the minister also said the Rs 1 lakh crore loan for states will help in speeding up infrastructure development and capital expenditure.