India to clock 9 percent in 11th Plan period: Ahluwalia
November 8th, 2009 - 5:44 pm ICT by IANS ( Leave a comment )
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.
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