MUMBAI, Oct 15 (Reuters) - India's economic growth is
expected to turn around in about six months, said Montek Singh
Ahluwalia, deputy chairman of planning commission.
Ahluwalia was speaking at a banking conference on Monday.
India's finance minister P. Chidambaram called on Saturday
for the country's central bank to take "calibrated risks" to
support the struggling economy as a reciprocal measure to the
government's fiscal efforts, and said the country's growth has
India's industrial output rose modestly in August, but not
enough to end a long slump in Asia's third-largest economy,
while inflation slowed, improving the case for a cut in interest
rates that both businessmen and politicians have been pleading
(Reporting by Neha Dasgupta; Editing by Prateek Chatterjee)