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"India Growing At A Slower Pace Than Usual"

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Subir Gokarn Former Deputy Governor at the RBI and now director-research, Brookings institute, expects investors to risk free assets. He points out that the government needs to take steps to narrow the current account deficit as well as needs to address policy changes. "India is growing at a pace slower than potential" he says, adding that the nation needed to address fundamental causes of instability.