(ET)
Finance minister Nirmala Sitharaman is likely to unveil measures to boost economic growth, which slipped to a six-year low of 5% in the April-June quarter, two government sources said on Thursday.The measures include a review of import tariffs on certain items ahead of Prime Minister Narendra Modi’s visit to the United States, the sources said.
“We are waiting for the approval from the prime minister’s office, and the measures could be announced on Friday,” one of the overnment sources told. The sources declined to be named as they were not authorized to speak to the media. Any relaxation of tariffs on U.S. imports would be seen as a step in easing a trade row between the two countries that has accelerated in Modi’s second term.
