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India Unveils Annual Budget

February 29, 2008

The finance minister P. Chidambaram has announced new plans to cancel debt for millions of farmers and increase spending on employment schemes, education and insurance packages for the poor. What really makes it a crucial budget is the fact that it could be the government’s last budget before the national polls, due next year.

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Indian Finance Minister Palaniappan Chidambaram
Indian Finance Minister Palaniappan ChidambaramImage: AP