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India's Govt to cut spending by up to Rs 2 lakh cr
January 09, 2020
Modi Government apparently to cut spending for the current fiscal year up to 2 lakh cr
This decision has come into effect due to the country facing the biggest tax shortfalls in recent years.
The reasons our country’s downfall is maybe due to lack of demand and weak corporate earnings growth.
India, Asia’s third largest economy is growing at a slow pace in the past years and could be hurt further of the government plans to carry on with this cut spending
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