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India plans fiscal steps to tame inflation
April 23, 2008
India's Finance Minister P Chidambaram has assured the Parliament that all necessary steps are being taken to tame the growing rate of inflation.
Speaking in the Rajya Sabha on April 22, Chidambaram said more fiscal measures are being contemplated to check inflation.
The inflation rate in India is hovering near three-year highs of over seven percent largely driven by higher food and fuel prices.
Also read: Government to cut steel prices, says Kamal Nath
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