Fiscal situation

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  • public expenditure commission, high deficit, s p lowers india s long term rating to negative, Fiscal situation

    S&P lowers India’s long-term rating to negative 26 April 2012

    Reacting to the outlook revision by Standard and Poor's, Finance minister Pranab Mukherjee said, there is no need to panic. He expressed confidence that the country will overcome the difficulties faced by it. Mukherjee said, a few Bills regarding economic...

    Keywords: Standard and Poor's, CII comment, external commercial borrowings, external commercial borrowings

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