India's finance minister says time for action to fix economy

  • Reuters, New Delhi
  • Updated: Jun 24, 2014 12:39 IST

India needs to act now to fix the health of its economy, which is facing a challenging time, finance and defence minister Arun Jaitley said on Tuesday.

Asia's third-largest economy has been growing below 5% for the past two years, the longest spell of sub-par growth since the 1980s.

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