February 27, 2013 / 6:57 AM / 4 years ago

Economic Survey: inflation seen declining to 6.2-6.6 percent by March

A fruit seller waits for customers at his stall at a wholesale market in Mumbai February 14, 2013.Vivek Prakash/Files

NEW DELHI (Reuters) - The finance ministry delivered a report on the state of the economy on Wednesday, a day before Finance Minister P. Chidambaram unveils what is expected to be the most austere budget in years.

The annual report was prepared by Raghuram Rajan, the former chief economist to the International Monetary Fund (IMF), who became the top adviser in the finance ministry last year.

Reporting By Frank Jack Daniel

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