Asia Report: India Scales Back Subsidies, What it Means for Solar

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body-asia-report-india-scales-back-subsidies-what-it-means-for-solar.jpg India is targeting a deficit target of 5.3 percent of its GDP for the fiscal year ending March 31, 2013, but at current spending India will fall short by about 20%, or roughly 2.06 trillion rupee. Among the measures to hit that target are a reduction in subsidies, which has implications for the solar market, reports Bridge to India's Jasmeet Khurana.

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