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I took calculated risks for high growth: FM

Posted on: July 7th 2009 in Press Releases.

Finance Minister Pranab Mukherjee on Tuesday said the government has taken the calculated risk of high fiscal deficit to help stimulate growth, but would strive hard to bring it down to 4 per cent in the next two fiscals. Noting that a fiscal deficit of 6.8 per cent was on the higher sid…

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