India's growth rate would be around 7.5pc in 2008-09
Wednesday, 3 December 2008
JAIPUR, Dec 2 (PTI): Indian Prime Minister Manmohan Singh yesterday said despite economic recession and the difficult situation in western countries, India's growth rate would be maintained at around 7.5 per cent in 2008-09.
The last quarter's report of the current FY has indicated that India recorded 7.6 per cent growth, the prime minister told a gathering of intellectuals, businessmen, academicians and the media, organised on the eve of the assembly polls at the Subodh College ground here.
Economic crisis was looming all over the world due to the recession that started in the US and Europe, and India was not an exception to it, the prime minister said, adding "we are not untouched by (the) economic crisis".
The last quarter's report of the current FY has indicated that India recorded 7.6 per cent growth, the prime minister told a gathering of intellectuals, businessmen, academicians and the media, organised on the eve of the assembly polls at the Subodh College ground here.
Economic crisis was looming all over the world due to the recession that started in the US and Europe, and India was not an exception to it, the prime minister said, adding "we are not untouched by (the) economic crisis".