BackEconomy | Economy to grow by 7.75%, says Rangarajan
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29 Dec 2009, 11:23 PM IST
Economy | Economy to grow by 7.75%, says Rangarajan
Hyderabad: Indian economy will grow between 7-7.75% during the current financial year despite poor performance of the agriculture sector on account of drought and floods, said chief economic adviser C. Rangarajan.
“The economy will grow between 7 and 7.5% overall but agricultural growth may fall by 1 to 2%," Rangarajan said. Flagging food inflation as a major concern, he said, “agricultural growth rate should not fall below 4% for food security as 60% of the population are in rural areas."
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Published: 29 Dec 2009, 11:23 PM IST
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