India to clock 9 percent in 11th Plan period: Ahluwalia
November 8th, 2009 - 5:44 pm ICT by IANS
- 
New Delhi, Nov 8 (IANS) Planning Commission Deputy Chairman Montek Singh Ahluwalia Sunday said the average economic growth during the current Five-Year Plan period would be 9 percent.
“I think we will be able to achieve an overall growth, which will on an average come to 9 percent,” Ahluwalia said at the India Economic Summit here of the World Economic Forum.
The current Five-Year Plan period, India’s 11th, runs till 2012.
“India’s GDP (gross domestic product) grew by 6.7 percent last fiscal while it consecutively grew for over 9 percent in the earlier years,” he noted.
Ahluwalia also agreed with Prime Minister Manmohan Singh’s outlook for economic growth of between 7-8 percent in the next fiscal.
Related Stories
- 'Recession, drought will hit India's growth target'(Lead) - Aug 31, 2009
- Recession, drought to hit India's growth target: Ahluwalia - Aug 31, 2009
- Growth to slow in coming quarters, says Ahluwalia - Sep 01, 2009
- Planning Commission meets today - Sep 01, 2009
- India's GDP records 6.1 percent growth in first quarter - Aug 31, 2009
- Farm sector growth will be below 4 percent: Plan panel chief - Nov 04, 2009
- Farm sector growth will be below 4 percent: Ahluwalia (Lead) - Nov 04, 2009
- 8,000 km road construction contracts this fiscal: Montek - Dec 22, 2009
- India logs robust 7.9 percent growth in second quarter (Lead) - Nov 30, 2009
- India on course to 9 percent growth rate: Montek Singh - Jan 26, 2010
Posted in Business, |
