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FY11 growth seen between 8.5-8.75%: FM

FY11 growth seen between 8.5-8.75%: FM
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First Published: Tue, Nov 30 2010. 11 20 AM IST
Updated: Tue, Nov 30 2010. 11 20 AM IST
New Delhi: India can achieve GDP growth between 8.5% and 8.75% in the current fiscal that ends in March 2011, finance minister Pranab Mukherjee said on Tuesday.
India’s economy grew a faster-than-expected 8.9% in the September quarter from a year earlier, data released on Tuesday showed. The median forecast in a Reuters’ poll was for an annual rise of 8.3%.
The GDP growth for the April-June quarter was revised upwards to 8.9% from the provisional figure of 8.8%.
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First Published: Tue, Nov 30 2010. 11 20 AM IST
More Topics: GDP | FM | Growth | Economy | Development |