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Economic growth to exceed 8 percent next fiscal: PM

Friday, 05 March 2010, 00:14 Hrs
New Delhi: Prime Minister Manmohan Singh Friday said the government was taking all possible steps to counter rising food prices and added that he was confident India's economic growth would exceed 8 percent in the next fiscal.

"This year we hope to achieve 7.2-7.5 percent economic growth; next fiscal we expect to achieve 8 percent and year thereafter we expect to return to 9 percent growth rate," the prime minister said in the Lok Sabha while answering questions on galloping food inflation.
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"The government has been alive to this problem and has taken all possible measures to address this issue," he said.
Source: IANS
   
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