'Growth to exceed 7.2 per cent during 2009-10' | business | Hindustan Times
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'Growth to exceed 7.2 per cent during 2009-10'

business Updated: Feb 26, 2010 11:58 IST
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Finance Minister Pranab Mukherjee on Friday said economic growth during the current fiscal could exceed 7.2 per cent projected by the Central Statistical Organisation (CSO).

Unveiling the Budget for 2010-11 in Lok Sabha, he said, "final figures may turn out to be higher" as the economy has done well in the second quarter ending September 2009 recording a growth rate of 7.9 per cent.

The economic growth figures, released by the CSO earlier in the day, said economy grew by 6 per cent in the third quarter ending December 2009.

Following the global crisis, India's growth rate slipped to 6.7 per cent during 2008-09 from over nine per cent during the three preceding years.