New Delhi, Oct 10 (ANI): As India suffered the steepest cut in the International Monetary Fund's (IMF) revised growth forecasts for the year, BJP leader Yashwant Sinha on Thursday stated that the issue is very serious. He also called Finance Minister P Chidambaram an expert in bringing down growth rates. IMF, in its flagship World Economic Outlook report said that India will grow only 3.8% in the 2013-14 financial year against 5.6% projected in its July forecast, a cut of 1.8 percentage points.