Business Daily from THE HINDU group of publications
Thursday, Jul 09, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Thursday, Jul 09, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Opinion
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Letters Budget, fiscal deficit Fears about high fiscal deficit are unwarranted. In fact, it is much-needed in a recession-hit economy, marked by negative inflation. Massive government expenditure, which gives rise to a high fiscal deficit, coupled with tax sops for individuals and other steps, will increase the purchasing power of the people. This, in turn, will generate fresh demand for various goods and services, checking recession and aiding growth. Subbaram Danda Chennai More Stories on : Letters | Budget
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