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Showing posts with label 8.5 percent economy growth. Show all posts
Showing posts with label 8.5 percent economy growth. Show all posts

Friday, July 23, 2010

Economy to grow 8.5 percent: PMEAC

The Prime Minister's Economic Advisory Council (PMEAC) on Friday revised the growth forecast for the current fiscal to 8.5 percent from 8.2 percent earlier.

Addressing a press conference here, the chairman of the advisory council Dr. C Rangarajan, said inflation would be 6.5 percent by the end of fiscal 2010.

This, he said, is mainly due to the prospect of a good monsoon. Read More