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Fiscal Deficit to be reduced to 5.1% of GDP: Govt
New Delhi, May 23 (IBNS) Fiscal Deficit during 2011-12 (Revised Estimates) was Rs.5,21,980 crore which is 5.9 per cent of Gross domestic product (GDP).This information was given by Minister of State for Finance Namo Narain Meena in written reply to a question in Rajya Sabha on Tuesday. Due to un-precedented global financial crisis, the Government had to take fiscal expansionary measures to protect
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