The minister is likely to inform the RBI board about the steps taken to contain fiscal deficit and may underline the need for reducing interest rates to promote growth.
Chidambaram in a post-Budget interview to PTI earlier this week had said, "Well I can't direct Reserve Bank to do this or to do that.
“All I can say is as statement of fact -- if policy rates are reduced it will help us to get 6.5 per cent growth that we have target."
"I am sure that monetary policy advisory committee to the Governor will take note of all that we have
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