January 16, 2015 / 2:57 PM / 4 years ago

Interest rate cut a turning point - Jaitley

Finance Minister Arun Jaitley (L) and Reserve Bank of India (RBI) Governor Raghuram Rajan attend a convocation ceremony for students at a university in Mumbai January 9, 2015. REUTERS/Shailesh Andrade

NEW DELHI (Reuters) - A cut in interest rates by the Reserve Bank of India marks an important turning point for the economy that should lift economic growth and investment, Finance Minister Arun Jaitley said on Friday.

Jaitley, at a public event, said the government was keeping its options open as it seeks to push its reform agenda through parliament and did not rule out calling a joint session of both houses to enact key legislation.

Reporting by Rajesh Kumar Singh; Editing by Douglas Busvine and Mike Collett-White

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