Revival of interest by investors to push growth: Chidambaram
PTI: Hong Kong, Jan 22 2013, 21:10 IST
before the global crisis of 2008.
The government has taken slew of reform measures, like further liberalisation of FDI norms in sectors including retail and aviation, setting up a Cabinet panel to fast track projects, and reducing subsidy on petroleum products. Besides, the government has also repeatedly stressed that it's widening fiscal deficit, a major concern of rating agencies, will be contained at 5.3 per cent of GDP this fiscal and go down further in the coming years.
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