Don’t miss the latest developments in business and finance.

PM's Advisory Council projects GDP growth at 7.7%

Image
BS Reporter New Delhi
Last Updated : Jan 20 2013 | 9:59 PM IST


The Prime Minister's Economic Advisory Council has projected GDP growth of 7.7 per cent in 2008-09 compared with 9 per cent in 2007-08.

It says growth will slow as a number of factors inimical to growth have intensified this year.

The Economic Advisory Council has said that serious fiscal risks have arisen from growing off-budget liabilities, which is estimated at 5 per cent of the GDP.

Also Read

First Published: Aug 13 2008 | 7:45 PM IST

Next Story