Finance Minister Pranab Mukherjee has said, the economy could grow by 7.5 to 8 per cent during the current financial year, though price rise and fiscal consolidation remained areas of concern. Addressing the 104th annual session of thePHD Chamber of Commerce and Industry, (PHDCCI) in New Delhi on Wednesday, he said, the Mid Year Review projected a growth rate of 7.75 per cent (for 2009-10), but it would be more appropriate to say 7.5 to 8 per cent.<br/> <br/>The Minister further said that a growth rate of 9-10 per cent is now within the reach and the country has to achieve it." Referring to areas of concern, the Minister said the short and medium term challenges before the government is to deal with price rise and increasing fiscal deficit.<br/><br/> <br/><br/><br/>