Petro subsidies pushing current a/c, fiscal deficits: PMEAC
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Petro subsidies pushing current a/c, fiscal deficits: PMEAC

Hyderabad : India | Aug 11, 2012 at 2:34 PM PDT
Source: The Economic Times
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Subsidies on petroleum products are propelling current account and fiscal deficits making it difficult to sustain high GDP growth rate, Prime Minister's Economic Advisory council Chairman C Rangarajan said today. Stating that "dark clouds" were overshadowing the economy, he cautioned that bleak... FULL ARTICLE AT The Economic Times
 
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