India faces fuel subsidy challenge
4 hours ago
One of those is to get the country's finances in order.
For example, right now India spends more than $20bn (£12bn) on making fuel cheaper for its people.
But as Yogita Limaye reports, reducing these subsidies is a very sensitive issue.
So how is the new government going to tackle it?
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Hindalco Industries lost 2 percent. Top lenders State Bank of India and ICICI Bank declined nearly a percent while rival Axis Bank climbed over a percent.
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It happens always, when the NDA party minister change, we general people have to suffer for Subsidy in fuel.
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