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BUDGET 2010 Special
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Growth forecast - IMF forecasts 9.5%, Finance minister says 8.5
July 19, 2010 by financeminister
Finance Minister Mr. Pranabh Mukherjee says he will stick to the 8.5 percent growth for the current fiscal despite IMF forecasting a higher 9.5% growth for the countries economy.
Finance Minister was speaking at a conference hosted by industry body CII in New Delhi. Mr Mukherjee also said that the effect of Eurozone crisis will have very less impact on the country and he appreciated Indian banking sector for its descipline and maintaining a stable financial environment.