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Expect Government to Cut Spending: Sovereign Risk Group

PUBLISHED ON: January 6, 2015 | Duration: 7 min, 11 sec

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Atsi Sheth, senior vice president at Sovereign Risk Group, tells NDTV that even though growth and tax receipts are expected to pick up in the fourth quarter of FY15, the government will have to cut spending to meet the fiscal deficit target. She feels that rating agencies will not be very forgiving if India moves away from the path of fiscal consolidation.
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