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S&P downgrade discomforting, says Minister of State for Planning

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In a conversation with NDTV's Sreenivasan Jain, Ashwini Kumar, Minister of state for planning says that while the S&P downgrade of India economic outlook is discomforting, it is not cause for panic. "The fundamentals of our macroeconomics are good, except areas of concerns like fiscal deficit," he explains.

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