The Reserve Bank of India deputy governor Mrs. Shyamala Gopinath said today that the Indian economy started showing signs of recovery and that it will be risky to withdraw the government's stimulus package at the current stage. The bank aims at keeping interest rates at a low record to spur demand and investments amid weak business conditions and slowing growth.

The Indian economy expanded an annual 6.1% during the second quarter of this year. Gopinath said that monetary policy makers around the world are careful about preparing exit strategies. However, The Indian Reserve Bank expected that the economy will grow 6% in the year ending March 31 that is considered the weakest pace since 2003.