Finance Minister P Chidambaram on Monday promised more measures to revive growth and investment when Parliament debates his eighth budget, which has been largely hailed by economists as the best under the circumstances but has received an emphatic thumbs down from the markets. Chidambaram said the final fiscal deficit numbers for the current year could be below the 5.2% projected in the budget, and promised all help to the commerce ministry in its attempt to boost exports, which he saw as the only remedy for the high current account deficit. The commerce ministry is in the process of unveiling a new trade policy.

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