OECD's growth forecast completely wrong: Montek

November 28, 2012

Describing OECD's 4.4 per cent economic growth forecast for India in the current fiscal as "completely wrong", Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the think-tank does not know what it is doing.

"I was thinking of telling OECD that I just don't think that they know what they are doing," he said.

Admitting that 2012-13 was not going to be a good year, Ahluwalia said, "The OECD estimate is completely wrong."