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Former Indian finance minister calls for rate cut

Growth has recovered and govt must make sure recovery is sustained: Chidambaram

Mr Chidambaram said he doesn't think Mr Jaitley's budget lays a foundation for high growth


INDIA'S former Finance Minister Palaniappan Chidambaram has joined his successor in advocating lower interest rates, while stopping short of endorsing the current administration's budget.

"I would like interest rates to drift down," Mr Chidambaram, who served as finance