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Rajiv Gandhi

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India Budget 2012-2013 Summary

by Arun Kumar J

in News

Fiscal defect is 1.3% higher than estimate.  something which will have to be funded by market borrowing. Reduction of Inflation due to base effect offers little relief to the aam admi who is finding the burden unbearable. Indians are facing deeply entrenched inflation, tight liquidity, high interest rate, industrial slowdown, zero reforms and negative market sentiment that have lead to [...]