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    Oil subsidy to be higher than Rs 20k cr in FY12: R Gopalan

    Speaking to CNBC-TV18, R Gopalan, the Economic Affairs Secretary, said that the FII investment is going through a correction phase. He strongly feels that government is in a position to control inflation, and hence, India will achieve its growth target of 8.5%.

    first published: Jun 9, 2011 09:10 pm

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