Centre for Monitoring Indian Economy (CMIE) has cut India's FY12 growth forecast to 8.1% from 8.6%. In an interview to CNBC-TV18, Mahesh Vyas, CMIE said, delays in the commissioning of projects have made us less optimistic. According to him, there could be downward revision in the next two-three months, if things don’t improve.
first published: Aug 17, 2011 01:14 pm
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