Date:28/02/2008 URL: http://www.thehindubusinessline.com/2008/02/28/stories/2008022852701100.htm

Back Contain inflation by fiscal measures

Bring down the fiscal and revenue deficits to level envisaged in the FRBM Act, especially revenue deficit which should reach zero revenue deficit by 2008-09. Contain inflation by fiscal and monitory measures. Ensure gainful deployment of foreign exchange reserves. Cut excise duties on steel and cement to support infrastructure development. Dividend distribution tax should be withdrawn as it amounts to double taxation and surcharge.

R. Gopalakrishnan, Executive Director, Vishwamber Cements Ltd