Amid Slowdown Alert, Arun Jaitley Promises To Do What Is 'Necessary' | Read
India is considering "necessary" steps to lift economic growth that slipped to a three-year low in the first quarter of this financial year, Finance Minister Arun Jaitley said on Wednesday. Sources have told NDTV a massive effort to recapitalise state-run banks to boost capacity to lend to businesses, particularly small and medium enterprises, is likely to be the centrepiece of the revival plan being drawn up at the finance ministry.
