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FICCI members react to the Budget

Updated on Mar 16, 2012 09:30 pm IST

While appreciating the steps announced by the finance minister to control the fiscal deficit, FICCI members felt the budget did not announce any incentive to stimulate growth in the economy. Also industry is of the view that hike excise duties would have an inflationary impact. nnis spoke to senior captains of the industry who are members of the trade body FICCI.

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