The Prime Minister's Economic advisory panel (PMEAC) has exuded confidence that the economy would expand by 8.2 per cent in the current fiscal, notwithstanding a slippage in growth in the April-June period. While commenting on deceleration in economic growth to 7.7 per cent during the first quarter of the current fiscal, Prime Minister's Economic advisor C. Rangarajan said that the growth rate in April-June is in line with the growth rate of 8.2 per cent for the year as a whole. As regards the agriculture sector, he said, growth rate would cross 3 per cent during the year. Mr. Rangarajan also said that the industrial growth rate is also likely to pick up in the second half of the year. Speaking to reporters, Finance minister Pranab Mukherjee said hard work is needed by all sections, including industry and farmers, to ensure inclusive growth, keeping in mind uncertainty over the global economy and monsoon. He said there was no room for complacency and everyone, including the government, industry and farming community, will have to work hard. Mr Mukherjee expressed confidence that workers and farmers would make their contribution in ensuring growth with inclusion. He said there was a silver lining to the country's economic performance, as 27.7 million jobs were created between 2005 and 2010. Mr Mukherjee said increase in overall investments is encouraging as there was 7.9 per cent year-on-year increase during the first quarter of this fiscal, compared to a 0.4 per cent rise in the corresponding year-ago period. He hoped that the GDP growth rate would recover by the end of the fiscal.