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Wednesday, November 30, 2011

Q2 Growth Not Disappointing In View Of Global Slowdown : Pranab

Finance Minister Pranab Mukherjee today said 6.9 per cent economic growth in the second quarter was not disappointing in view of global developments and the government will continue to adjust its policies to maintain growth in the medium-term.

“Taking into account (the trend) of the last two quarters together, it appears that the GDP growth would be around 7.3 per cent,” Mukherjee told reporters, saying, “The growth performance is not all that disappointing.”

GDP growth in 2010-11 stood at 8.5 per cent.

From: http://ping.fm/DtDbW

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