A day after painting prospects of a 9 per cent GDP rate in 2011-12, finance minister Pranab Mukherjee outlined internal and external challenges such as soaring oil prices and high inflation that could pose a threat.
“The challenge before the government and the Reserve Bank of India has been to support the growth process without compromising on price stability,” Mukherjee said at the annual general meeting of industry chamber Ficci on Tuesday. “The task has not been easy, but we are making progress.”
“The challenge before the government and the Reserve Bank of India has been to support the growth process without compromising on price stability,” Mukherjee said at the annual general meeting of industry chamber Ficci on Tuesday. “The task has not been easy, but we are making progress.”
