CSO Projects GDP Growth of 7.2% in Current Fiscal
In spite of contraction in farm production, the government has estimated the economic growth of 7.2 per cent in financial year 2009-10 against 6.7 per cent of previous year, said media reports. It should be noted that this GDP figure for the current fiscal which has been projected by the Central Statistical Organisation, is lower than what Reserve Bank and the Finance Ministry have forecast. In its mid-term economic review, the Finance Ministry estimated the GDP growth of 7.75 per cent while the RBI, in its...
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