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Economy in high-growth trajectory, says Survey.
(From Business Line)
from BUSINESS LINE, February 28, 2007 New Delhi, Feb. 27 - The economy seems to have decidedly 'taken off' and moved from a phase of moderate growth to a new phase of high growth. That is the prominent theme of the Economic Survey 2006-07, presented to Parliament on Tuesday by the Finance Minister, Mr P. Chidambaram
Pressing its claim, the survey points to signs of industrial resurgence, with the industrial sector growing from a low of 2.7 per cent in 2001-02, moving up to 7.1 and 7.4 per cent in 2002-03 and 2003-04, accelerating to 9.5 per cent in the next two years to touch 10 per cent in the current fiscal. Also, the growth impulses …
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