Finance Minister Pranab Mukherjee has cautioned that Indian economy may get affected if slow recovery continues in US which is battling a serious debt crisis. In an exclusive interaction with All India Radio, Mr. Mukherjee said that slowdown of European markets will also have an adverse impact India's economic growth.Mukherjee also admitted that his ministry will face a lot of difficulty in meeting the fiscal deficit target of 4.6 per cent set for this financial year if revenue growth is not as buoyant as it is now. He, however, added that the government will try to stick to its target as far as possible.In response to a question on recent policy interest rate hike by the RBI, Mr. Mukherjee said it will help ease inflationary pressure, but to what extent it affects growth, is yet to be seen. He said that the GDP growth in current financial year will not be as high as projected during presenting the budget. His remarks come ahead of the Prime Minister's Economic Advisory Council's assessment of this fiscal's economy tomorrow.