Speaking at a seminar on the state of economy organised by the Indian Council for Research on International Economic Relations (ICRIER) last Wednesday, the Prime Minister's Economic Advisory Council (PMEAC) Chairman C. Rangarajan has projected a GDP (gross domestic product) growth of around 6.5 per cent for the current fiscal. At this level, it would be slightly lower than the 6.7 per cent growth notched up in 2008-09 and this would be mainly owing to a likely decline in farm output. Having r ...
