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Liquidity crunch to end in few days: FM

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Press Trust of India New Delhi
 "Liquidity (tightness) is mainly due to advance tax payments, it will be alright in few days as the ministries, departments start spending money," Chidambaram said on the sidelines of the release of a report by UNEFCAP.

The government has collected around Rs 40,000 crore in advance tax payments in the last quarter ended March 15.

 

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First Published: Mar 21 2007 | 5:00 PM IST

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