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Labourers work at the construction site of a commercial complex in Kolkata February 28, 2015. REUTERS/Rupak De Chowdhuri/Files

India considering $7.7 billion stimulus spending this fiscal

The Indian government is considering a plan to loosen the fiscal deficit target so that it could spend an additional 500 billion rupees ($7.7 billion) in the financial year ending in March 2018, two government sources said on Thursday.

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