NEW DELHI (Reuters) - The government wants to achieve an economic growth rate of between 7 and 8 percent that is non-inflationary, Minister of State for Finance minister Jayant Sinha said on Friday.
Sinha was speaking the day after the Reserve Bank of India ordered a surprise interest rate cut. The central bank cautioned that further policy easing would depend on "sustained high quality fiscal consolidation".
(Reporting by Rajesh Kumar Singh; Writing by Douglas Busvine; Editing by Clara Ferreira Marques)