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    <title>FIFTY- NINTH REPORT - STANDING COMMITTEE ON FINANCE (2011-12) CURRENT ECONOMIC SITUATION AND POLICY OPTIONS</title>
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    <description>The Committee attributes the 2011-12 slowdown to weak industrial investment, persistent food-driven inflation, a widening current account deficit financed by volatile short-term flows, declining domestic savings and fiscal slippage. It recommends coordinated fiscal monetary action: credible fiscal consolidation with better subsidy targeting; measures to revive investment and savings; agricultural and infrastructure investment to ease supply constraints; policies to reduce CAD and to restore investor confidence through regulatory clarity and timely reforms.</description>
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