Indian economy will see good turnaround in April-June quarter: Niti Aayog

Panagariya said this after data showed that India's annual economic growth slipped to 6.1%

India's economy is expected to recover in the current quarter as the pain stemming from Prime Minister Narendra Modi's cash clampdown late last year has ended, a top policy adviser of the government said on Friday.

Niti Aayog Vice-Chairman Arvind Panagariya's comments came days after data showed that India's annual economic growth rate unexpectedly slowed to 6.1 percent in the January-March quarter, its lowest in more than two years.

Modi's shock decision last November to outlaw high value banknotes took 86 percent of currency out of circulation virtually overnight, pounding consumer demand in the cash-reliant economy.

While Asia's third-largest economy surprised investors with