Global slowdown not yet over, India must stay alert: Pranab

Kolkata, Sep 12 (PTI) The global economic recovery is not
yet over and India will have to remain alert, Finance Minister
Pranab Mukherjee said Sunday.
"We will have to stay alert as India is not alienated
from the global situation," Mukherjee said at an event in the
Hooghly district of West Bengal state in eastern India.
Referring to the recent global forecast of the
International Monetary Fund (IMF), he said the evaluation made
by the inter-governmental organisation was not so rosy.
According to the IMF, the European recovery will be
delayed and the same is true for Canada and North America, he
said.
"Since we are not alienated, we will have to stay alert,"
he said.
Mukherjee earlier said that India was the second largest
growing economy after China, pointing out that India's GDP
growth would be in the region of 8.5 per cent to 8.75 per cent
in 2010. PTI BSM
KAB