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Watch subsidy bill: S&P warns

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ENS Economic Bureau Posted: Jun 25, 2008 at 2317 hrs IST
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MUMBAI, JUNE 24 : will likely lead to subsidy increases

The 6th Pay Commission’s recommendations will further add to the subsidies bill

“Increased subsidies relating to oil, food, and fertilisers are estimated to have understated the deficit by about 1.0% of GDP” ...


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