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Chidu’s Plan To Reign In Fiscal Deficit at 5.3%

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The outgo on food, fuel and fertiliser subsidies in  2012-13 is pegged at over Rs 1.79 lakh crore. The government got Parliament’s nod for an additional Rs 28,500 crore  towards petroleum subsidy in the supplementary grants. The government has increased price of subsidised diesel  and also capped the supply of subsidised LPG cylinders…….Read More

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