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    <title>Union Finance Minister meets Institutional Investors; Confident of Reducing Fiscal Deficit; Hopeful of Economic Growth around 8.5 per cent during 2011-12</title>
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    <description>The release affirms government commitment to reducing the fiscal deficit and reliance on provisional revenue strength, pledges to fund any additional fuel subsidy with minimal fiscal impact amid crude price volatility, reports completion of a recent public issue under the disinvestment programme while noting it is too early to assess annual disinvestment outcomes, and announces consultations on FDI in insurance and retail alongside financial sector reforms to deepen securities markets, liberalise foreign capital flows, strengthen regulatory architecture, and lower transaction costs to encourage long-term investor confidence.</description>
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