Profit

Ballooning deficit seen as big short-term risk

PUBLISHED ON: February 16, 2009 | Duration: 2 min, 54 sec

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One bad year it seems was enough to upset the applecart of the UPA’s fiscal prudence plans and with four years of progress notwithstanding, Pranab Mukherjee's budget makes it clear that fiscal responsibility has taken a backseat.
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