ANIIndia claims of its recovery from global meltdown

Former Governor of Reserve Bank of India and lawmaker C Rangarajan confirmed on Thursday that the country's economy would see an improvement in the second half of 2009-2010 and said that he expected the economy to grow at a rate of 6.5 per cent to 6.7 per cent in the year 2009-10. However, Rangarajan said the economy could go back to 9 per cent growth rate only if the world economy improved.