Encouraged by the 8.6 per cent growth rate estimate for the current fiscal, Chief Economic Advisor Kaushik Basu today said that 9 per cent economic expansion for the next financial year is well within target. Basu told reporters in New Delhi, that the prospects for the world as a whole are looking better, but still, there are uncertain clouds. He said that in such as scenario, India's 8.6 per cent growth forecast is absolutely remarkable. On inflation, Basu said he doesn't really see inflation disrupting the growth process. He said the GDP number, in fact, will have a dampening effect on inflationary expectations. He further said that the growth rate for the next two quarters also looks encouraging, but the IIP number, which has been fluctuating, is to be watched.