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Growth below 6% in 2009-10 a remote possibility: RBI

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Press Trust Of India New Delhi
Last Updated : Jan 19 2013 | 11:37 PM IST

Denying any political pressure on the RBI to project 6 per cent growth for this fiscal, Governor D Subbarao on Wednesday said it is only a remote possibility that India would record less than that.

“No, there was no (political) pressure. It was our best professional judgement that growth in 2009-10 will be 6 per cent and that’s the number we put...And based on available evidence, I would believe that getting below 6 per cent is a remote possibility,” Subbarao told news channels here.

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First Published: Apr 23 2009 | 12:41 AM IST

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