Indian economy can grow at 9-10 per cent by the end of the 12th Five Year Plan if the coordination and collaboration of stakeholders accelerates the manufacturing sector by 2-4 per cent, Planning Commission member Arun Maira today said.
Planning Commission Member Saumitra Chaudhuri says that even though meeting the fiscal number will be tough, the finance minister has weighed the pros and cons and will meet the target. “Taxes and expenditure are two things we need to focus on.”
Planning Commission member and economist Saumitra Chaudhuri told CNBC-TV18 that the 4.6% fiscal deficit might be difficult to achieve, but it isn't an impossible task. He said, "Reaching the fiscal deficit target is not an impossible task as we have capable people in position."