Chidambaram assures investors again

Finance Minister P Chidambaram reassured investors and said that Food Security Bill would not affect the current fiscal deficit.

“Fiscal deficit will not go beyond 4.8 per cent of GDP,” Chidambaram said on Tuesday.
On continuous rupee fall, finance minister said, “We hope to be patient and rupee will find its appropriate level.”

The rupee has fallen to a record low of 66 against US dollar on Tuesday.

On Monday Lok Sabha passed the Food Security Bill. Sonia Gandhi’s pet project Food Security Bill is to provide cheap food grains to almost 82 crore people in India.

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“I dare do all that may become a man. Who dares more is none”. And all, may be. It may be the vigor. Or the spirit. Or the courage to avoid being “politically correct” or bent. And, ban all averse with immaculate overture of graciously fathomable words firm in views. Subtle. Justifying the undying conscience. Values. Knowledge. And, dares to stay true. True to own. True to the world. And, to the words. With a dream in eyes it exists. In you. In me. In all. The sprite that never shies away. The spirit that never dies!