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US-Indian Chamber of Commerce hails Budget as fiscal stimulus.
US-Indian Chamber of Commerce hails Budget as fiscal stimulus
Washington, July 7 (PTI) The USA-India Chamber of Commerce has said the annual budget presented by the Indian Finance Minister Pranab Mukherjee is a massive piece of fiscal stimulus which would spur growth and employment in the country.
This budget is a massive piece of fiscal stimulus, Karun Rishi, president of the USA-India Chamber of Commerce, told PTI.
Budget deficit of 6.8 per cent of the Gross Domestic Product (GDP), combined with States deficit of nearly four per cent of GDP and off budget ...
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Source: HighBeam Research, US-Indian Chamber of Commerce hails Budget as fiscal stimulus.