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Food Bill credit negative for India, will deteriorate macroeconomic situation: Moody's

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First published: August 29, 2013, 3:30 PM IST | Updated: August 29, 2013
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Food Bill credit negative for India, will deteriorate macroeconomic situation: Moody's
Giving a thumbs down to the Food Security Bill, rating agency Moody's on Thursday said the measure is credit negative as it will weaken government finances and deteriorate macroeconomic situation.
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