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Asset Recovery Ordinance To Be Reviewed: Jaswant

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BUSINESS STANDARD

Finance minister Jaswant Singh today said the government was planning to modify the Ordinance on non-performing assets to incorporate safeguards for borrowers. He also announced that the government would come out with a detailed statement in the monsoon session of Parliament to revive consumer spending.

Responding to concerns raised by industry at the meeting of the Prime Minister

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First Published: Jul 11 2002 | 12:00 AM IST

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