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    <title>India on way to become third largest economy: FM Sitharaman</title>
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    <description>The Finance Minister reaffirmed a fiscal deficit target for the current year, estimating it at 4.4 per cent of GDP, and linked that target to sustained economic expansion and poverty reduction. She also stated that public sector banks&#039; balance sheets have materially improved since the twin balance-sheet stress, and that strengthened bank positions together with the fiscal stance underpin the government&#039;s projection of an improved global economic ranking.</description>
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