....Palaniappan Chidambaram will go down, along with a reluctant RBI chief Duvvuri Subbarao, as the joint holders of the Tughlaq No 3 title. Under pressure from a worsening fiscal deficit, Chidambaram will not only be printing more money than ever, but even the money he collects as revenue from disinvestment may be really be little more than an IOU for money to be printed in future. He will be committing the government to remain a Tughlaq well into the future.....
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