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fiscal stimulus package

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P Chidambaram
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Announce revised comprehensive fiscal stimulus: Chidambaram

"In our view, a fiscal stimulus of Rs 1,86,650 crore amounting to barely 0.91 per cent of GDP will be totally inadequate given the gravity of the economic crisis and the dire situation in which people find themselves. Most analysts, rating agencies and banks have placed the size of the fiscal stimulus at between 0.8 to 1.5 per cent," said Chidambaram.