HomeNewsBusinessEconomyOil subsidy to be higher than Rs 20k cr in FY12: R Gopalan

Oil subsidy to be higher than Rs 20k cr in FY12: R Gopalan

Speaking to CNBC-TV18, R Gopalan, the Economic Affairs Secretary, said that the FII investment is going through a correction phase. He strongly feels that government is in a position to control inflation, and hence, India will achieve its growth target of 8.5%.

June 10, 2011 / 11:47 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Indian market has seen a consistent pullback from foreign institutional investors since quite some time. Experts feel that FIIs have started believing that the India

first published: Jun 9, 2011 09:10 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!