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Mukherjee says plans to issue some austerity measures
NEW DELHI (Reuters) - India will issue some austerity measures to aid the fiscal consolidation process, Finance Minister Pranab Mukherjee said on Wednesday. Mukherjee's comments came after the rupee hit a record low against the dollar as risk aversion in global markets added pressure on a currency already under fire from fiscal and current account deficits that are weighing on growth. The Sensex
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