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India's move towards better fiscal management key for rating agencies - S&P

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Reuters MUMBAI
Last Updated : Jan 23 2015 | 2:45 PM IST

MUMBAI (Reuters) - How the Indian government achieves better fiscal management could be more important as the fiscal deficit number alone would not give a true picture of the country's fiscal consolidation, an analyst at rating agency Standard and Poor's said on Friday.

Takahira Ogawa, a director sovereign ratings at S&P, also said the current government is mindful of the quality of fiscal consolidation.

(Reporting by Suvashree Dey Choudhury and Neha Dasgupta; Editing by Gopakumar Warrier)

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First Published: Jan 23 2015 | 2:36 PM IST

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