Budget'11 to revive investment, push growth to 9 pc: FM

New Delhi, Apr 2 (PTI) Finance Minister Pranab Mukherjee
on Friday expressed confidence that the measures announced in
the Budget for 2010-11 would revive private investment and put
the economy back on a 9 per cent growth trajectory.

"I am optimistic that the measures I have outlined in
this year's budget will revive private investment and put the
economy back on the growth path of 9 per cent," he said at
a SIDBI function here.
He said that the economy in 2009-10 is expected to grow
by 7.2 per cent, which is "impressive by global standards".
In the current fiscal (2010-11), Mukherjee said, the
economy would expand by 8.25-8.75 per cent.
Yesterday, Prime Minister Manmohan Singh had exuded
confidence that the economy can get back to 9 per cent growth
by the end of 11th Five-Year Plan (2007-2012) and do even
better thereafter.
After clocking an impressive 9 per cent growth for the
previous three fiscals till 2007-08, India's GDP grew by a
relatively modest rate of 6.7 per cent in 2008-09. PTI CS
JVN


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