India struggles to reduce budget deficit
Around the globe the twin issues of fiscal consolidation and sovereign credit-worthiness are among the biggest challenges for 2013.
It is no different for India, which faces a fiscal crisis of its own, as the government struggles to rein in a widening deficit.
Part of the government's plans to reduce the deficit is to sell stake in state-owned assets.
The BBC's Sameer Hashmi reports from Mumbai.
07 Jan 2013
- From the section Business