Political crisis will hit economy: Chidambaram

The Hindu reports:
Senior Congress leader P. Chidambaram said on Thursday that the current crisis in Karnataka and Goa might appear to be "political upmanship" but it had a "damaging impact on the economy." Mr. Chidambaram said foreign investors, rating agencies and international organisations did not read Indian newspapers and did not watch the tamed Indian TV news channels but "what they read and hear about political instability and political chicanery will have an impact on the economy."
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