Modi's economic adviser Panagariya says -
*India needs further reduction in interest rate of 50 basis points
*If revisions in inflation target of 2-6 pct are warranted, we should think about it
*If there is any revision to inflation target it "will have to be upward"
-- *India needs further reduction in interest rate of 50 basis points
*If revisions in inflation target of 2-6 pct are warranted, we should think about it
*If there is any revision to inflation target it "will have to be upward"
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