PMEAC lowers growth projection for 2013-14 to 5.3%

India's growth forecast on Friday was lowered to 5.3 percent from 6.4 percent by the Prime Minister's Economic Advisory Council (PMEAC) chairman C Rangarajan. He also listed out measures including liberalisation of FDI norms to improve the current economic condition. 

http://www.moneycontrol.com/news/economy/pmeac-lowers-growth-projection-for-2013-14-to-53_949179.html