Kelkar asked to chalk out fiscal consolidation road map

Vijay L Kelkar, author of India’s road map for the Goods & Services Tax and chairman of 13th Finance Commission, will draft India’s fiscal consolidation road map, announced finance minister P Chidambaram, Drafting in Kelkar could give a strong signal to investors of the finance ministry’s new proactive stance to merge growth concerns while ensuring taxes remain buoyant.

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