10% spending cut won't help meet new fiscal target: Nomura

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Agencies: Mumbai, Dec 06 2012, 21:56 IST
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be a positive if the government can get the majority support in the Rajya Sabha also.

Parliament approval for FDI in retail will suggest that the government has the ability to undertake not just executive decisions, but also legislative reforms.

Besides, it will also clear the logjam created due to the FDI issue and Parliament can start focusing on other important pending Bills during the remaining days of the Winter Session, she added.

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