April 10, 2010 4:37 PM

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FM hints at further roll back of stimulus

Finance Minister has hinted further roll back of stimulus measures announced in back drop of the global financial crisis. Speaking at a function in Kolkata today he said economic recovery has offered room for such a move. He said he is hopeful that the economy could still grow up to 8.75 per cent in the current fiscal.Mukherjee exuded confidence that the measures outlined in this year's budget are likely to revive private investment and put the economy back on the growth path of 9 per cent per year. He said the pace and the shape of the recovery, however, remains uncertain. The challenge of the hour is to manage the recovery of the economy.

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