Economic growth: Sinha optimistic

By J. Venkatesan

NEW DELHI, FEB. 5. The Finance Minister, Mr. Yashwant Sinha, today expressed optimism that the economic growth during this fiscal year would be more than six per cent, against 5.9 per cent projected by the Central Statistical Organisation (CSO).

Talking to presspersons after a seminar organised by the Finance Ministry, he said ``it will be more than six per cent GDP growth.'' He felt that though the growth in agriculture would be slow, industry would do better as exports were picking up.

These factors would have a positive effect on the domestic production. On the agriculture front, Mr. Sinha said adequate and timely rainfall would increase the agriculture output and the foodgrain production had exceeded 200 million tonnes.

On the industrial front, he said the core sector industry was poised for a good growth. He declined to be dragged into any controversy on the Budget to be presented on February 29.

Send this article to Friends by E-Mail

Section  : Front Page
Previous : Shooting of 'Water' begins
Next     : 'Chadha not able to get visa endorsement'