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India is closer to deflation & far from inflation, says Chief Economic advisor Arvind Subramanian

September 02, 2015, 17:58 ISTIndia
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Chief Economic advisor Arvind Subramanian on Wednesday sounded a cautious note on India's economy. He said that India was closer to deflation territory & far from inflation. He has also said that the pace of growth still below the levels that govt has targeted.