Growth to pick up in 2013-14, room for more FDI: Chidambaram

Updated: April 02, 2013 12:04 IST

Union finance minister P Chidambaram has said that India's economy is capable of absorbing $50 billion in Foreign Direct Investment (FDI) per year. He also added that the government is committed to reforms to tackle a large Current Account Deficit (CAD).

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