Worried PM asks for policy recipes (Live mint.com 9th Jan 2008)Acknowledging that a combination of rising interest rates and an appreciating rupee had triggered a slowdown in the economy and a negative impact on employment, Prime Minister Manmohan Singh is creating a high-powered group that will suggest immediate steps to reverse this decline. V. Krishnamurthy, chairman of the National Manufacturing Competitiveness Council, will head the group that has been asked to submit its final report within three months, with interim recommendations “which require early action” before end-March. More
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