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Next fiscal 'very difficult': Ahluwalia

Updated on Jan 03, 2009 08:18 pm IST

India's deputy chairman of the Planning commission on Friday asserted that all indications for the next fiscal year point to a 'very difficult year' globally. He also added that the Government of India would take more steps to shore up the nation's economy. Further announcing a second round of policy measures intended to boost the slowing Indian economy, he noted that there would be no further fiscal stimulus measures in the current fiscal year that ends on March 31.

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