India's economy to grow 8 pc next fiscal: PM

Posted By: Staff
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New Delhi, Mar 5: Prime Minister Manmohan Singh on Friday, Mar 5, said that he was confident India's economic growth would exceed 8 percent in the next fiscal.

Speaking in Lok Sabha, Singh said, "This year we hope to achieve 7.2-7.5 percent economic growth; next fiscal we expect to achieve 8 percent and year thereafter we expect to return to 9 percent."

On food inflation, the Prime Minister said, "The government has been alive to this problem and has taken all possible measures to address this issue."

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