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GDP growth to be 9% in FY08: FM (Business Standard 1st Feb 2008)Exuding confidence that economic growth will be close to 9% in 2007-08, Finance Minister P Chidambaram today said the government will make rapid adjustments in policies depending upon evolving global economic developments."My goal is to continue to maintain the same level of growth... but the government reserves the right to make rapid adjustments depending upon evolving global economic situation," Chidambaram told reporters here after the GDP figures of 2006-07 were revised. The GDP growth has been revised to 9.6% in 2006-07 from the provisional estimate of 9.4%. The GDP growth for 2005-06 has also been revised to 9.4% from 9%. More
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