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Budget's 'Euro-relief'

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Business Standard

The euro zone debt crisis, particularly in Italy, just unbalanced the Indian Budget by another Rs 5.6 crore. India, which had budgeted to borrow this modest amount from Italy in the current financial year (2011-12), seems to have spared the heavily indebted European nation the trouble. The Budget documents do not provide a figure under the heads Revised estimates 2011-12 and Budget (2012-13).

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First Published: Mar 29 2012 | 12:22 AM IST

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