Yes minister, wake up minister!

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In our view, the budget presented to Parliament by the finance minister P Chidambaram contains significant progress for the publishing, printing and packaging industry. Excise duties have been reduced across the board of manufactured items by 2 per cent and, in an attempt to help the education sector, by 4 per cent on printing and writing papers. Normally this would mean that both locally manufactured and imported printing equipment and consumables would become less expensive. Imported equipment and consumables would attract 2 per cent less countervailing duty thereby reducing the total import duties from 31.76 per cent to 28.64 per cent. ...cont´d

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