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Indian economy in a difficult situation: FM

Indian economy in a difficult situation: FM Zeebiz.com

New Delhi, June 16: Finance Minister Pranab Mukherjee on Saturday said that India cannot dismiss economic concerns put forth by rating agencies.

“As FM I cannot ignore ground reality, apprehensions of Indian industry and credit rating agencies”, said Pranab Mukherjee.

Addressing an Assocham conference, the Finance Minister said that development of currency a matter of concern but exporters should take up advantage of this depreciation. He also said that India’s exports have been affected due to EU economic slowdown.

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