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India can support 8.2 pct growth if current account gap at 3 pct - Ahluwalia

Source : REUTERS
Last Updated: Mon, Oct 15, 2012 06:31 hrs
Rollback of fuel price would dent govt's credibility: Montek

India can support 8.2 percent growth if it can finance current account deficit at 3 percent of the GDP, said Montek Singh Ahluwalia, deputy chairman of planning commission.

India's current account deficit fell to $16.55 billion in the June quarter, down from an all-time high of $21.76 billion in the March quarter, and also below the $17.54 billion deficit posted in the June quarter last year.

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