The additional revenue expenditure is not adding to any productive capacity and could well be potentially inflationary and could hamstring RBI from reducing rates in the near term.from Moneycontrol Business News http://bit.ly/2RZzbA3
Friday, February 1, 2019
Budget 2019 makes vote banks happy, but rating agencies, FIIs not so much
The additional revenue expenditure is not adding to any productive capacity and could well be potentially inflationary and could hamstring RBI from reducing rates in the near term.from Moneycontrol Business News http://bit.ly/2RZzbA3
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