Rate cuts to help India achieve 6.5 pct growth in 2013/14 - Finance Minister

Last Updated: Fri, Mar 01, 2013 10:40 hrs

NEW DELHI, March 1 (Reuters) - Reduction of interest rates will help India achieve a growth rate of 6.5 percent in 2013/14, Finance Minister P. Chidambaram told ET Now television channel on Friday.

Chidambaram on Thursday unveiled a surge in government spending, and said he expects the economy to grow at 6.5 percent in the next financial year ending in March, 2014. (Reporting by Suvashree Choudhury; Editing by Anand Basu)

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