Will austerity solve fiscal problems?

PUBLISHED ON: May 18, 2012 | Duration: 24 min, 24 sec

  
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Cutting back on government cars, travel excesses and wasteful conferences are just some of the austerity measures Union Finance Minister Pranab Mukherjee has hinted at, two days after telling India to cut back on spending. Will these measures be enough or is it too little too late? We discuss.
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