Wednesday, July 2, 2014

India's high fiscal deficit, inflation main challenges: Arun Jaitley



India's Finance Minister, Arun Jaitley has said high fiscal deficit and inflation were major challenges for the country. Jaitley was addressing a gathering during an event at Institute of Charted Accountants of India. He said populist policies and paralysis in policy making had slowed growth, and that an improving current account deficit position in the last few months was the only "silver lining" for the Indian economy.

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