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As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Govt eyeing Rs 50,000-cr of public procurement through GeM in FY'20

Public procurement of the Central and State governments runs into over Rs 2 lakh crore annually.

15 April 2019 1:33 PM IST