Indian economy to grow by 8 pc in 2010-11: Prez

Posted By: Staff
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New Delhi, Feb 22: President Pratibha Patil on Monday, Feb 22, said providing relief to 'aam admi' from high food prices will be her government's top priority.

Speaking at the opening day of the Budget session, Patil expressed confidence that India's economy would grow at a pace of 8 per cent in the coming fiscal.

"My government will aim at a growth rate above 8 per cent in 2010-11 and seek to achieve 9 per cent growth in 2011-12," she said.

Referring to rising prices, she said, "My government continues to accord the highest importance to ensuring relief to the aam admi on food prices."

The country's food inflation touched a decade's high of about 20 per cent in Dec 2009 before moderating to around 18 per cent in Feb 2010.

OneIndia News

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