Tuesday, February 10, 2009

More measures in interim Budget, hints Tendulkar

More measures in interim Budget, hints Tendulkar
The Economic Times, February 10, 2009, Page 7

New Delhi: The government is likely to announce more fiscal and monetary measures in the interim Budget to stimulate demand in the economy, PM’s EAC chairman Suresh Tendulkar said at the roundtable on economic outlook, 2009-10, organised by PHDCCI on Monday. RBI, on its part, is expected to bring down interest rates further after the vote on account, which would increase credit outflow and enhance investment.

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