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Finance Bill: GAAR not deferred out of fear, says Pranab

PUBLISHED ON: May 8, 2012 | Duration: 50 min, 18 sec

   
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Pranab Mukherjee, Finance Minister spoke at the Lok Sabha over Finance Bill. He says that current account deficit of 4% and the fiscal consolidation of 5.9% cannot be borne by the economy, adding that oil subsidy needs to be fixed to 2% of GDP.
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