Thursday, January 14, 2010

FY10 growth to be around 7.75%: Pranab Mukherjee

The Indian economy is expected to grow by around 7.75% in the fiscal year to March 2010, but food price inflation is a major concern, the Finance Minister said on Wednesday. Pranab Mukherjee also said the government could unload surplus wheat and rice stocks for open market sale.

"There is enough wheat and rice stocks. Therefore, it is proposed to make open market sale for unloading of surplus stock," he said.
Source: Reuters
Courtesy moneycontrol.com








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