Union Government of India lowered the Growth Projection for Current Fiscal to 5.7 Percent

Dec 17, 2012, 16:16 IST

Economy Current Affairs December 2012. The Union Government of India on 17 December 2012 lowered down the growth projection for the current financial year 2012-13 from 7.6 percent that was estimated earlier to 5.7-5.9 percent

The Union Government of India on 17 December 2012 lowered down the growth projection for the current financial year 2012-13 from 7.6 percent that was estimated earlier to 5.7-5.9 percent. It also pitched for the supportive monetary and fiscal policies for improving the confidence of the investors. The projection was showcased in the Mid-Year Economic Analysis tabled in Indian Parliament.

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