Announcement

Sunday, July 18, 2010

Macroeconomic indicators - FY11 IIP to be at FY10 level - Mr Rangarajan

According to Mr C Rangarajan chairman of the prime minister's economic advisory council, India's industrial output in the current fiscal year will be similar to last fiscal's 10.4 % growth.

He also said the central bank would need to act if double digit inflation persists.

Mr C

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