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Friday, October 4, 2013

PC Offers Limited Stimulus to Boost Festive Demand

The government on Th­ursday announced a selective but limited stimulus to boost economic growth projected by ADB to be a low 4.7 per cent this fiscal.

The limited stimulus may be by way of low interest on PSU bank loans for buying cars, two- wheelers and white goods during the festival season to raise consumption demand.

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