Rediff.com  » Business » FM hopeful of high GDP growth

FM hopeful of high GDP growth

Source: PTI
February 26, 2010 11:28 IST
Get Rediff News in your Inbox:

The Finance Minister Pranab Mukherjee on Friday said economic growth during the current fiscal could exceed 7.2 per cent projected by the Central Statistical Organisation (CSO).

Unveiling the budget for 2010-11 in Lok Sabha, he said, "final figures may turn out to be higher" as the economy has done well in the second quarter ending September 2009 recording a growth rate of 7.9 per cent.

The economic growth figures, released by the CSO earlier in the day, said economy grew by 6 per cent in the third quarter ending December 2009.

Following the global crisis, India's growth rate slipped to 6.7 per cent during 2008-09 from over nine per cent during the three preceding years.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2021 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
SHARE THIS STORY 

Moneywiz Live!