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...As 'conservative' FM says he is happy with 8.75% growth

Finance minister Pranab Mukherjee on Friday said he would prefer to be conservative and would be happy if the economy grew by 8.75% instead of the 9% growth projected in the current fiscal year. HT reports.

Updated on: Dec 10, 2010, 20:53:11 IST
Hindustan Times | By , New Delhi
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Finance minister Pranab Mukherjee on Friday said he would prefer to be conservative and would be happy if the economy grew by 8.75% instead of the 9% growth projected in the current fiscal year.

HT Image
HT Image

"I am bit conservative so I would be happy if GDP is 8.75%," he said.

He also exuded confidence that the fiscal deficit could be contained at 5.5% of GDP in the current fiscal year.