Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
Finance Minister Arun Jaitley to discuss state-level issues before finalising GST.
The government is bullish on Coal India and ONGC's stake sale programme which are to be held soon.
Finance ministry maintains that all KYC requirements will be followed.
Last week, the government had introduced a fresh round of austerity measures, including bans on first class travel, creation of new posts and holding meetings in five-star facilities.
Delaying GAAR is seen as a move partly designed to help solve Vodafone dispute.
Until last week the government's divestment plan was struggling, but it got a boost from a $1.1 billion offering of miner NMDC.
It's a sign that the economy may have turned a corner that strengthens the RBI's case against a rate cut.
India's retail inflation is the highest among the BRICS group of emerging economies.
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