Growth Target

  • Chidambaram expects growth rate to move up to 7 pc in two years March 14, 2013

    New Delhi: Seeking to dispel fears over the state of economy, Finance Minister P Chidambaram on Thursday said the country will return to high growth of 7 per cent in two years and promised adequate public spending to stimulate it. Replying to a debate on the Budget 2013-14 in the...
  • Don't blame Pranab for slow growth: Montek July 1, 2012

    New Delhi: Planning Commission Deputy Chairman Montek Singh Ahluwalia has said that the Finance Ministry under Prime Minister Manmohan Singh will very quickly "resolve" uncertainty among investors caused by anti-tax avoidance rules which were unveiled in the Budget. Talking about former finance minister Pranab Mukherjee, he said that it was...
  • Not possible to achieve 7.6 pc growth target: Montek July 1, 2012

    New Delhi: The Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia has said that it is not possible for India to achieve the 7.6 per cent growth target set earlier this year. His statement assumes significance in light of Prime Minister Manmohan Singh taking over the Finance Ministry. Speaking to...
  • G20: PM expresses confidence on boosting growth June 19, 2012

    Los Cabos: As the initial euphoria about Greece elections died down, the economic crisis took centre-stage. Prime Minister Manmohan Singh addressed some critical issues relating to the slowdown in India's economy in his address during the Plenary Session of the seventh Summit of the Group of 20 developed and developing...
  • China cuts 2012 growth target to 7.5 per cent March 5, 2012

    Beijing: Chinese Premier Wen Jiabao cut his nation's 2012 growth target to an eight-year low of 7.5 per cent and made boosting consumer demand the year's first priority as Beijing looks to wean the economy off its reliance on external demand and foreign capital. He lowered the target from a longstanding...