ID :
51204
Wed, 03/18/2009 - 16:46
Auther :
Shortlink :
https://www.oananews.org//node/51204
The shortlink copeid
Growth may be 7 per cent next fiscal: Abhijit Sen
New Delhi, Mar 18 (PTI) Planning Commission Member
Abhijit Sen Wednesday said growth in the next fiscal may reach
seven percent due to the stimulus packages already introduced.
"(Five per cent) was the worst case calculation without
any stimulus package. But as we know, there were stimulus
packages, which can add 1.5 to 2 per cent, effectively taking
GDP growth to 6.5-7 per cent in 2009-10," he said.
On deflation he said, "I personally do not see any threat
of generalised deflation, though it (might happen) in some
sectors." PTI
Abhijit Sen Wednesday said growth in the next fiscal may reach
seven percent due to the stimulus packages already introduced.
"(Five per cent) was the worst case calculation without
any stimulus package. But as we know, there were stimulus
packages, which can add 1.5 to 2 per cent, effectively taking
GDP growth to 6.5-7 per cent in 2009-10," he said.
On deflation he said, "I personally do not see any threat
of generalised deflation, though it (might happen) in some
sectors." PTI
