WASHINGTON (TOI): The financial meltdown will not spare any sector of the economy, but on the brighter side recovery could be just six to nine months
away, Finance Minister P Chidambaram has said.
"There will be some slowdown in every sector... but monetary measures, counter-cyclical measures and enlightened measures by the companies themselves can get over this painful period of adjustments and in about 6-9 months we should be back to the growth rate," he told a news channel in an interview.
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