Plan panel sees 8 pc growth next fiscal

India’s economic growth rate is expected to accelerate to eight per cent in the next fiscal from 6.3 per cent projected for the current financial year, the Planning Commission has said.

The Commission in its recent assessment of the economy also expects economic growth to go up to nine per cent in 2011-12, and further to 10 per cent in 2014-15.

These assumptions were made by the Planning Commission while projecting the state of government finances before the Eleventh Finance Commission recently.