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Finance Minister Pranab Mukherjee has said that India will not be able to sustain a high fiscal deficit in the long run, but he did not give any timeframe for withdrawing the stimulus measures that inflated the deficit. Full Article at Indian Express
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NEW DELHI: India's Finance Minister Pranab Mukherjee promised on Tuesday that the government would reduce the fiscal deficit as it seeks to put the nation's financial house in order. Full Article at Channel News Asia
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As Prime Minister Manmohan Singh shared with industry leaders in New Delhi on Sunday, his government's intent to wind down stimulus measures next year, Mukherjee told reporters in St. Andrews, Scotland, that he had already told Parliament high fiscal... Full Article at ddi News
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London: Finance Minister Pranab Mukherjee has said that India will not be able to sustain high fiscal deficit in the long run, but he did not give any timeframe for withdrawing the stimulus measures that inflated the deficit. Full Article at Zee News
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LONDON: The timing for winding down stimulus measures put in place to boost India's economy will be decided when it becomes apparent the economy is recovering, but there will be no more stimulus measures, Finance Minister Pranab Mukherjee said on... Full Article at Economic Times
Related Quotes
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This kind of (financial) tight-rope walking cannot be done for a long time
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Fiscal consolidation is absolutely imperative
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In addition to FDI, we welcome portfolio investment in equity in Indian companies by qualified institutional investors
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Both the government and the Reserve Bank of India are working in close cooperation to evolve appropriate policy ... There is no area of disagreement and divergence in view between the RBI and the government.
