Press Esc to close
Saturday 07 May 2016
News updated at 12:12 AM IST
Weather
Max: 35.5°C
Min : 24.9°C
In Bengaluru
Sunny day

'Growth rate to improve in H2 FY '13'

New Delhi, Dec 20, 2012, PTI:

The government is doing a lot to push growth but the impact of its efforts will be felt in the second half of the fiscal when the expansion rate will show some improvement, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Thursday.

"We are doing a lot. The impact will be felt in the second half. Our expectations are that in the second half of the current year the growth rate will improve," Ahluwalia told PTI on the sidelines of an event here. He was replying to a question whether the government was doing enough to support growth in the economy.

He said as per the projection of the Finance Ministry the growth rate in the second half of the current fiscal may be near about 6 per cent, up from the first half of 5.4 per cent.
"The Finance Ministry has just come up with an estimate for the year as the whole at 5.7 to 5.9 per cent. Well that means that they think in the second half...It will go to may be something like 6 per cent or little about 6 per cent in order to generate the growth," he said.


Go to Top

Photo Gallery
Lightning strikes across the sky above homes in south Walla Walla, Wash., Wednesday, May 4, 2016...

Lightning strikes across the sky above homes in south Walla Walla, Wash., Wednesday, May 4, 2016...

Labourers thrash paddy crop in a field on the outskirts of Ahmedabad...

Labourers thrash paddy crop in a field on the outskirts of Ahmedabad...

A youth blocks a road during a public curfew called by the Joint Committee on Inner Line Permit...

A youth blocks a road during a public curfew called by the Joint Committee on Inner Line Permit...

A security person with a sniffer dog inspect two crude bombs recovered near a polling boot...

A security person with a sniffer dog inspect two crude bombs recovered near a polling boot...

Students celebrate their success after announcement of ICSE board results in Patna on Friday...

Students celebrate their success after announcement of ICSE board results in Patna on Friday...

BSF men take out a march ahead of Assembly elections in Kozhikode on Friday...

BSF men take out a march ahead of Assembly elections in Kozhikode on Friday...

A collapsed pandal at Simhastha Mahakumbha Mela in Ujjain on Friday, a day after thunderstorm...

A collapsed pandal at Simhastha Mahakumbha Mela in Ujjain on Friday, a day after thunderstorm...

Jadavpur University Students chasing the car of film director Vivek Agnihotri to show him black...

Jadavpur University Students chasing the car of film director Vivek Agnihotri to show him black...

A Bicycle rider are struggle to move in water logged road at K R Circle during the heavy rain in...

A Bicycle rider are struggle to move in water logged road at K R Circle during the heavy rain in...

Mumbai Indians stars Kieron Pollard, Harbhajan Singh, Ricky Ponting and Rohit Sharma at Etihad...

Mumbai Indians stars Kieron Pollard, Harbhajan Singh, Ricky Ponting and Rohit Sharma at Etihad...