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Expect 7% GDP growth in FY13, says HSBC

Dismal Q4 GDP numbers of 5.3% were announced on Thursday and the GDP for FY12 stood at 6.5%. In an interview with CNBC-TV18, Leif Eskesen, Chief Economist for ASEAN and India, HSBC said policy paralysis in India is not new and its effects are just being felt now.

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