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India will continue economic reforms irrespective of who wins LS polls: CEA

'The goods-and-services tax has given us a template for reforms absent a crisis,' chief economic adviser Krishnamurthy Subramanian said

Chief Economic Advisor KV Subramanian (Photo: Dalip Kumar)
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Chief Economic Advisor KV Subramanian (Photo: Dalip Kumar)

Vrishti Beniwal | Bloomberg
India will continue to implement economic reforms irrespective of who wins a general election beginning next month, a key government adviser said, seeking to reassure investors about policy continuity in one of the world’s fastest-growing economies.

As reforms in the past few years -- from tax to inflation targeting -- start to manifest, the economy’s potential growth rate will rise by 50 basis points to 7.5 percent to 8 percent, Krishnamurthy Subramanian, chief economic adviser in the finance ministry, said in an interview in New Delhi. He cited the global slowdown and trade tensions as risks to economic growth, which