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Surplus revenue to help Delhi cut fiscal deficit 18% The fact that Delhi continues to be a revenue-surplus state would help the city government reduce its fiscal deficit by around 18 per cent in 2012-13 over the previous financial year, despite a jump in capital expenditure. It would also help the government reduce debt and not take fresh loans from small savings schemes in 2012-13.
The state’s capital expenditure would rise primarily due to the
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