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Petrol price hike does not solve fiscal issue: Ila Patnaik

PUBLISHED ON: May 24, 2012 | Duration: 13 min, 21 sec

  
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Dr. Ila Patnaik, Professor, NIPFP says that petrol price hike does not solve fiscal issue. However, she also says that fiscal deficit is high due to oil subsidies and there is a need to deregulate other oil products too.
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