India President's Agenda Stresses Economic Reform

June 9, 2014 12:44 PM

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NEW DELHI — President Pranab Mukherjee said on Monday that putting the economy back on track is paramount, promising broad economic reforms and more investor-friendly policies in an address to newly elected lawmakers.

He said the country is passing through an “extremely difficult phase” as growth has dipped below 5 percent for two consecutive years and inflation is “unacceptably high.”

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