<p>“We estimate the real gross domestic product (GDP) would have risen by 7.1 per cent in fiscal 2009-10... and will go up by 9.2 per cent in 2010-11,” the Centre for Monitoring Indian Economy (CMIE) said in its report here. While GDP growth for just-concluded fiscal is a tad lower than the 7.2-percentage point expansion that Finance Minister Pranab Mukherjee as well as Central Statistical Organisation have been projecting, the current year projection is much above the minster’s 8.75 per cent spike.<br /><br />In the fourth-quarter, it is estimated to have grown by an ‘impressive’ 8.4 per cent, the report said.</p>
<p>“We estimate the real gross domestic product (GDP) would have risen by 7.1 per cent in fiscal 2009-10... and will go up by 9.2 per cent in 2010-11,” the Centre for Monitoring Indian Economy (CMIE) said in its report here. While GDP growth for just-concluded fiscal is a tad lower than the 7.2-percentage point expansion that Finance Minister Pranab Mukherjee as well as Central Statistical Organisation have been projecting, the current year projection is much above the minster’s 8.75 per cent spike.<br /><br />In the fourth-quarter, it is estimated to have grown by an ‘impressive’ 8.4 per cent, the report said.</p>