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FY13 fisc at 4.9%, RBI must cut 50 bps: Morgan Stanley

Chetan Ahya of Morgan Stanley tells CNBC-TV18 that he expects the Budget to forecast expenditure growth at 7% in FY13. “Fiscal deficit for FY13 may come in at 4.9% and FY12 deficit will most likely be at 5.8-6%,” he says.

first published: Mar 6, 2012 12:37 pm

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