More than 7.2 percent growth during 2009-10: Pranab

Final figure may top Central Statistical Organisation (CSO) estimate

PTI | February 26, 2010


A TV grab of Finance Minister Pranab Mukherjee speaking during budget session in Lok Sabha.
A TV grab of Finance Minister Pranab Mukherjee speaking during budget session in Lok Sabha.

Economic growth during the current fiscal could exceed 7.2 percent projected by the Central Statistical Organisation (CSO), Finance Minister Pranab Mukherjee said during budget presentation on Friday.

Unveiling the budget for 2010-11 in Lok Sabha, he said, "final figures may turn out to be higher" as the economy has done well in the second quarter ending September 2009 recording a growth rate of 7.9 percent.

The economic growth figures, released by the CSO earlier in the day, said economy grew by 6 per cent in the third quarter ending December 2009.

Following the global crisis, India's growth rate slipped to 6.7 per cent during 2008-09 from over nine per cent during the three preceding years.

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