Indian economy likely to grow by 6.7% in 2013-14: Ficci
PTI: New Delhi, Jan 27 2013, 13:36 IST
per cent in December.
On fiscal deficit, she said that if the recommendations regarding the roadmap on fiscal consolidation made in the Kelkar report are carried forward "we would soon be moving on the right track".
However, she added that ballooning current account deficit remains a constraint on monetary policy easing.
"With exports witnessing a decline and global demand likely to remain flat in the near term, it will be vital to extend support to the labour intensive export oriented units," Kidwai said.
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