Fiscal deficit News
Numbers of crisis The figures for India's gross domestic product (GDP) growth in the fourth quarter of 2011-12, which were released on Thursday, show that the economy is in crisis. Between January and March this year, GDP grew at 5.3 per cent - the lowest growth for nine years, since the same quarter in 2003. Even for the full financial year of 2011-12, growth declined to 6.5 per cent, again a nine-year low. Never in
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