Monday, February 13, 2012

Economists wide of the mark in projecting India's growth rate

………However, according to the latest estimate of national income prepared by the Central Statistical Organisation (CSO), the GDP growth will not be even 7 per cent. It has been projected at a three-year low of 6.9 per cent, down from 8.4 per cent in 2010-11. The others, including Planning Commission Deputy Chairman Montek Singh Ahluwalia and RBI Governor D Subbarao too were way off the mark…………
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