Embattled Indian government vows no pre-poll giveaways | Bangkok Post: news

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Embattled Indian government vows no pre-poll giveaways

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India's embattled government said Wednesday it would stick to the "path of fiscal prudence" in the run-up to next year's elections, dismissing market worries of a slew of deficit-busting giveaways to sway voters.  

In this photograph taken on February 28, 2013 Indian pedestrians walk past the digital screen on the Bombay Stock Exchange

The assurance by Finance Minister P. Chidambaram came after voters unhappy over sharply slowing growth and corruption scandals delivered a string of defeats to the ruling Congress party in recent state elections.

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