News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Advts:
Classifieds |
Employment |
Business
GDP may tick 6.7 p.c.
NEW DELHI,
AUG. 9.
The credit rating agency ICRA today revised upwards its economic growth projection to 6.5-6.7 per cent for 2004-05, following budget measures to boost investment in agriculture and manufacturing sectors.
While ruling out over 7 per cent growth this fiscal, ICRA, in its Money & Finance report released today, said the country can tick 7.2-7.7 per cent GDP growth in medium-term if the UPA Government is able to implement policies of stepping up investment, infrastructure development, further liberalisation of trade and reducing fiscal deficit.
"GDP growth for 2004-05 would most likely be around 6.6 per cent, give or take 0.1 percentage points,'' ICRA said in the report. Earlier, ICRA had projected 6.4 per cent growth for this fiscal assuming a 1.7 per cent growth in agriculture, 7.8 per cent growth in industry and services sectors taken together.
PTI
Printer friendly
page
Send this article to Friends by
E-Mail
Business
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Advts:
Classifieds |
Employment |
Updates:
Breaking News |
|
