India should cut debt in 5-6 years: Montek Singh Ahluwalia

Dec 29 2013, 20:05 IST
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India should reduce its debt within 5-6 years by putting fiscal policy on the right path, but 'draconian changes' are not the answer, Montek Singh Ahluwalia said. Reuters India should reduce its debt within 5-6 years by putting fiscal policy on the right path, but 'draconian changes' are not the answer, Montek Singh Ahluwalia said. Reuters
SummaryMontek Singh Ahluwalia said inflation was a problem but added 2014 would be a better year.

are able to say that GST is now a reality, it will be the best signal globally that India is open for business and serious about it," he said.

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