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    <title>Budget 2012 Highlights - Quick Review</title>
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    <description>The Budget sets an FY13 financing strategy relying predominantly on market borrowings to fund the fiscal gap, targets trimming the revenue deficit and introduces an effective revenue deficit concept. It proposes amendments to FRBM and fiscal legislation, mandates cash payment of oil subsidies, and phases direct transfer pilots for kerosene, LPG and fertiliser to contain subsidy-driven non plan expenditure.</description>
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