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FULL PC: Inflation will lead to rise in interest rates: P Chidambaram
Inflation is on the rise. Inflation expectations are high. No more proof is necessary than the hike in the repo rate a few days ago. Interest rates will rise, throwing more burden on consumers & producers. If you bring petrol & diesel under GST, prices will come down. BJP is in Centre and they have governments in most of the states. Why are they blaming states? They have a majority & they should do it
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