Economic reforms and tough decisions like opening of multi-brand retail to foreign investment and hiking the FDI limit in insurance may take a back seat with the Congress getting drubbing in most states in the assembly elections.
The electoral debacle of the main ruling party at the Centre may also cast a shadow on the forthcoming Budget to be presented by Finance Minister Pranab Mukherjee on March 16 as he would be constrained to announce unpopular decisions at a time when the economy is grappling with slowdown.
From: http://ping.fm/1THOg
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