PMEAC projects 7.5-8 pc growth rate for 2012-13

February 22, 2012 12:19

The Prime Minister's economic advisory panel today projected 7.5 - 8 per cent growth rate for the next fiscal and said the country can achieve a higher
economic expansion if the global environment turns favourable.

"We might be able to achieve 8 per cent growth on our esteem ... if the world environment is favourable, we will be able to achieve high growth rate," the Chairman of the Prime Minister's Economic Advisory Council (PMEAC), C Rangarajan, said.

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