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Expect 8.2% growth in 5-yr period to March 2012: PM

Expect 8.2% growth in 5-yr period to March 2012: PM
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First Published: Thu, Apr 21 2011. 05 30 PM IST
Updated: Thu, Apr 21 2011. 05 30 PM IST
New Delhi: Economy is expected to grow about 8.2% in the five-year period ending in March 2012, and needs to grow faster than that in the next five years, Prime Minister Manmohan Singh said on Thursday.
“We will end the eleventh plan (April 2007-March 2012) with about 8.2% GDP growth. This is short of the 9% target,” Singh said at a planning commission meeting called to set out India’s economic policy path for the next five years to end-March 2017.
The government expects the economy to grow at around 9% in 2011-12, compared with an estimated growth of 8.6% in the last fiscal year.
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First Published: Thu, Apr 21 2011. 05 30 PM IST
More Topics: PM | Economy | Growth | Inflation | Development |