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Economy | CII seeks more sops to prop up economy

Economy | CII seeks more sops to prop up economy
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First Published: Sun, Feb 15 2009. 10 52 PM IST
Updated: Sun, Feb 15 2009. 10 52 PM IST
New Delhi: Projecting that the Indian economy is likely to slow further and grow by less than 7% in the second half of this fiscal, industry chamber Confederation of Indian Industry (CII) has asked the government to announce further stimuli to prop up growth.
In a report CII also asked the central bank to signal more cut in interest rates, given subdued prices which may fall further during 2009-10.
—PTI
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First Published: Sun, Feb 15 2009. 10 52 PM IST