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Stimulus drawback likely on higher GDP growth

http://business.rediff.com

Advance estimates of national income growth released today by the Central Statistical Organisation (CSO) project it at 7.2 per cent in 2009-10, pegging it a notch below earlier forecasts of the Reserve Bank of India (7.5 per cent) and finance ministry (7.75 per cent). With economic growth back on track the government may initiate a phased withdrawal of the fiscal stimulus package.

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Created by lizandjer 4 weeks 3 days ago – Made popular 4 weeks 2 days ago
Category: Business   Tags:

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