FM revises FY`08 growth to 9.1%
The Indian economy is expected to have grown at 9.08 per cent in 2007-08, as against 9 per cent reported earlier, Finance Minister P Chidambaram told Parliament today even as the UPA government won the trust vote in the Lok Sabha to remain in power. "Despite predictions of gloom and doom, I had always maintained that the year will end with a growth rate close to 9 per cent. At the end of the year we have reported 9 per cent; but more refined estimates now place the growth rate at 9.08 per cent," Chidambaram told the Lok Sabha during the debate on the trust vote.