You are here: Rediff Home » India » Business » Report
Search: The Web

Growth may be 7% this fiscal
Related Articles
Global meltdown: Complete coverage
Inflation, the silent killer
 · My Portfolio  · Live market report  · MF Selector  · Broker tips
Get Business updates:What's this?
March 18, 2009 12:34 IST

Planning Commission member Abhijit Sen on Wednesday said growth in the next fiscal may reach seven per cent due to the stimulus packages already introduced.

"(Five per cent) was the worst case calculation without any stimulus package. But as we know, there were stimulus packages, which can add 1.5 to 2 per cent, effectively taking GDP growth to 6.5-7 per cent in 2009-10," he said.

On deflation he said, "I personally do not see any threat of generalised deflation, though it (might happen) in some sectors."

© Copyright 2009 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
   Discuss   |      Share with friends   |      Print   |   Ask a question  Ask a question   |  Get latest news on your desktop  Get latest news on your desktop

© 2009 India Limited. All Rights Reserved. Disclaimer | Feedback