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Meltdown or not, India against protectionism

Karan Thapar speaks to Pranab Mukherjee about his work as External Affairs Minister and Finance Minister.

Karan Thapar: I want to start with your role as finance minister. On the basis of the advanced estimates, the government estimated that growth in the year ending March 31 would be 7.1 per cent. But on Friday, we discovered that the third quarter growth is just 5.3 per cent and growth between April and December is just 6.9 per cent. So can you accept that your growth estimates are clearly wrong?

Pranab Mukherjee: All these are estimates. Of course, between 6.9 and 7.1, there is not much of a difference. But I do hope that when final figures and confirmed figures will be available, it would be around 7 per cent.

[ Continue reading the complete interview on IBNLive ]

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