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Why is the Prime Minister advocating austerity?

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Why is the Prime Minister advocating austerity?

The story so far: Over the past week, a series of nudges, policy changes, and public messages have sought to influence the behaviour of Indian consumers, companies, and farmers. At the heart of this push is an effort to reduce India's imports of oil and petroleum products, gold, and fertilizers, and involves everyone from the Prime Minister and his Cabinet…

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