C Rangarajan, chairman of the Prime Minister's Economic Advisory Council (PMEAC) says, the overall growth rate remains subdued. According to him, the performance of the current fiscal will depend upon how well the industry picks up possibly. “We believe that the growth rate in the current fiscal can be anywhere between 6.5 and 7%,†he elaborates.
first published: May 31, 2012 11:54 am
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