New Delhi: With the current account deficit (CAD) overshooting 4 percent of GDP mark in 2011-12, former RBI Governor Y V Reddy Tuesday said India's medium-term economic growth strategy should be aimed to achieve zero CAD. "Zero current account deficit in medium term should be the cornerstone of the policy making," he said at the lecture of IPF, a partnership between NCAER and Washington based Brookings Institution..........
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