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Article: Will economy record 7.1 per cent growth in current fiscal?
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- February 27, 2009
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Will economy record 7.1 per cent growth in current fiscal?
New Delhi, Feb 27 (PTI) With the economic growth crashing to over five-year lows of 5.3 per cent in the third quarter, there are apprehensions whether the economy would register a 7.1 per cent expansion for the entire 2008-09, as pegged by the government.
The government confidently maintained that the economy would register a growth rate of seven per cent in FY'09.
"Third quarter was expected to be worst of all. Full year, I expect in the vicinity of seven per cent. I suppose we should be able to do better in the last quarter," Minister of State for Finance Pawan Kumar Bansal said.
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