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Economic panel lowers India's GDP for 2012-13 to 6.7%

Updated on Aug 17, 2012 08:20 pm IST

Prime Minister Manmohan Singh's Economic Advisory Council on Friday forecast that India's economy will grow at 6.7% in the current fiscal year, less than an earlier estimate of 7.5-8.0%. Pmeac chairman, C Rangarajan announced the forecast, while addressing mediapersons in New Delhi.

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