New Delhi: The Finance Minister, Mr P. Chidambaram, on March 4 said that there will be no rollback on any Budget proposals even as he assured industry that any inadvertent errors will be corrected. But if any inadvertent error someone noticed pesticides, any inadvertent error. So, there is no rollback, Mr Chidambaram said captains of industry at a post Budget meeting organised by the Confederation of Indian Industry (CII). On interest rates, Mr Chidambaram felt that there was scope for deposit and lending rates to drop, but the matter was in the domain of RBI. He also refused the tyre industry''s demands that the existing inverted duty structure on rubber be corrected. There are 20 Members of Parliament from Kerala who are opposed to duty cut on natural rubber.
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