UPDATE 1-India favours full rupee convertibility to become top economy

April 15, 2015 7:48 AM

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NEW DELHI, April 15 (Reuters) - India needs to move towards full capital account convertibility to become a leading global economy, junior finance minister Jayant Sinha said on Wednesday.

Sinha's comments came a day after the International Monetary Fund predicted Asia's third-largest economy would become the fastest growing major economy in the world, outpacing China.

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