………………As far as the RBI is concerned, the under provision for subsidies, especially fuel subsidies and the provisions is nearly Rs 1,00,000 crore because whatever has been provided, Rs 43000 is enough for the backlog. For this year, either they are going to deregulate completely and there is not going to be any subsidiary requirement or it is going to be another of these 4.6-5.9 jump. That is something that certainly would be bothering the RBI which is clearly reflected in the money markets today. There is a huge reform in subsidiary regime that is outside the Budget.……………
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