Zeebiz.com
New Delhi, Aug 03: Deficient monsoon is likely to pull down the economic growth in the current fiscal to about six percent, from 6.5 percent a year ago, the Planning Commission said Friday.
''If we factor in that agriculture which would not be strong ... (growth) would be closer to 6 percent. I don't think we have sufficiently strong industrial turn around yet,'' Planning Commission Deputy Chairman Montek Singh Ahluwalia told reporters here.
In case of 12th Five-Year Plan (2012-17), he said the annual average economic growth could be around 8.2 percent as against the earlier estimate of 9 percent envisaged in the Approach Paper to the policy document.