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Economy may grow 8.5 pct in FY12 - Rangarajan
MUMBAI |
MUMBAI (Reuters) - India's economy may grow at 8.5 percent in the current fiscal year and all tools must be used to cut inflation to 4-5 percent, the chairman of the prime minister's economic advisory council, C. Rangarajan, said on Thursday.
Headline inflation in April was at 8.66 percent.
(Reporting by Shamik Paul; Editing by Ranjit Gangadharan)
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