Press Esc to close
Saturday 18 April 2015
News updated at 8:45 AM IST
Weather
Max: 33.4°C
Min : 21.6°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
Taragarh Fort overlooking the city on the eve of World Heritage Day...

Taragarh Fort overlooking the city on the eve of World Heritage Day...

Narmada Bachao Andolan activists during their 'Jal Satyagrah' in Khandwa...

Narmada Bachao Andolan activists during their 'Jal Satyagrah' in Khandwa...

Teena Ponnappa poses at the “Crafts Glory” an exhibition cum sale of Handicrafts and Handlooms...

Teena Ponnappa poses at the “Crafts Glory” an exhibition cum sale of Handicrafts and Handlooms...

Aishwarya Rai and Malayalam actress Manju Warrier at the inauguration of a jewellery shop in Chennai

Aishwarya Rai and Malayalam actress Manju Warrier at the inauguration of a jewellery shop in Chennai

Sachin Tendulkar during the IPL T20 match between Mumbai Indians and Chennai Super Kings in Mumbai..

Sachin Tendulkar during the IPL T20 match between Mumbai Indians and Chennai Super Kings in Mumbai..

Sahara Force India Mexican driver Sergio Perez steers his car during a practice session...

Sahara Force India Mexican driver Sergio Perez steers his car during a practice session...

A heap of wheat getting damaged with rain water in Hisar on Friday...

A heap of wheat getting damaged with rain water in Hisar on Friday...

Tigers at the Ranthambore National Park in Sawai Madhopur, India...

Tigers at the Ranthambore National Park in Sawai Madhopur, India...

Civic workers sweep at a lawn near India Gate in New Delhi on Friday...

Civic workers sweep at a lawn near India Gate in New Delhi on Friday...

Policemen fire teargas shells towards protesters during an agitation against the arrest...

Policemen fire teargas shells towards protesters during an agitation against the arrest...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523