FE reported that India's economy is likely to grow at 6.3% or more in the year to March 2010.
Mr Montek Singh Ahluwalia deputy chairman of the Planning Commission also said that annual inflation was likely to be around 5% by end March.
In July, the RBI forecast growth in 2009/10 at around 6%. The economy grew by 6.7% in 2008/09, sharply slower than the 9% or more in the previous three years.
(Sourced from steelguru.com
Monday, October 5, 2009
Macroeconomic Indicators - India to grow at 6.3pct - Mr Montek
0 comments:
Post a Comment