Confederation of Indian Industry (CII) today strongly objected to any mandatory reservation for socially under-privileged in the private sector even as it forecast 8.3% GDP growth target for the current financial year."Mandatory reservation in any form is not conducive to the competitveness of the industry. It is not acceptable," R Seshasayee, the new president of CII, said in his inagural press conference.Even as he objected to any mandatory reservation policy for scheduled castes and scheduled tribes, he said industry needs to take positive action to empower backward classes to join the mainstream. This, he said, would empower them in terms of education and deployability skills.Sheshasyaee said, GDP would grow 8.3% this fiscal with agriculture expected to grow 3%, industry 9.1% and services 9.9%.