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 (for 2009-10), but it would be more appropriate to say 7.5 to 8 per cent. The Minister further said that a growth rate of 9-10 per cent, "which we have dreamt for a very long period of time is now within our reach and we have 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/>