India’s Room for Monetary Easing Is Limited, RBI’s Subbarao Says

India’s Room for Monetary Easing Is Limited, RBI’s Subbarao Says

Brent Lewin/Bloomberg

Recovered plastics are laid out to dry on a rooftop in the Dharavi slum area of Mumbai. The economy will expand 5 percent in fiscal year through March 2013, below last year’s 6.2 percent and the least since 4 percent in 2002-2003.