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2012: From crisis to reforms

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2012 was a year when India suffered its worst slowdown in a decade, saw a string of scams and controversies besides regressive tax policies, rising prices, cancellation of telecom licences, a major power blackout and a large airline getting grounded. These were just some of the big business events that made headlines. However, there was some good news too, especially with the government pushing through some tough critical reforms.