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India's economy is expected to rebound in 2020 on govt measures: CII

The chamber also suggested a flexible fiscal policy that will set a central government's target for the deficit in the range of around 0.5 to 0.75 per cent

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3 min read Last Updated : Dec 30 2019 | 1:35 AM IST

India's economy is expected to rebound in 2020 on the back of measures taken by the government and the RBI coupled with easing of global trade tensions, industry body CII said on Sunday.

The chamber also suggested a flexible fiscal policy that will set a central government's target for the deficit in the range of around 0.5 to 0.75 per cent, and said it is likely to have a significant multiplier effect on the economy.

It said that as we are set to enter the new year, there are nascent signs that the economy is on a better footing than

Topics : CII Indian Economy Economic slowdown Reserve Bank of India RBI

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