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 the industry chamber PHDCCI in New Delhi on Wednesday, he said, the Mid Year Review projected a growth rate of 7.75 per cent, but it would be more appropriate to say 7.5 to 8 per cent.<br/><br/> On the back of the good news, the BSE Sensex also surged nearly 540 points on Wednesday.
News On AIR | December 23, 2009 8:49 PM
GDP estimated to grow at 7.5 to 8 per cent this fiscal: Pranab