The Reserve Bank of India on Jan 26 said the forecasts by select agencies have pegged the growth of real GDP for 2008-09 in the range of 6.3 per cent to 8 per cent. On the other hand, the Prime Minister''s Economic Advisory Council sees the overall growth at 7.1 per cent. While the World Bank has pegged overall growth at 6.3 per cent and the Confederation of Indian Industries (CII) has pegged it above 8 per cent.
In line with this, the Asian Development Bank and Assocham have pegged it at 7 and 7.6 per cent, respectively and Crisil has put it between 6.5 and 7 per cent. The International Monetary Fund has put growth at 7.8 per cent for the calendar year 2008 while the Finance Ministry says it would be around 7 per cent
Merrill Lynch as well as the Citigroup have pegged the growth at 7.2 per cent while the Centre for Monitoring Indian Economy (CMIE) has pegged it at 7.4 per cent.
In line with this, the Asian Development Bank and Assocham have pegged it at 7 and 7.6 per cent, respectively and Crisil has put it between 6.5 and 7 per cent. The International Monetary Fund has put growth at 7.8 per cent for the calendar year 2008 while the Finance Ministry says it would be around 7 per cent
Merrill Lynch as well as the Citigroup have pegged the growth at 7.2 per cent while the Centre for Monitoring Indian Economy (CMIE) has pegged it at 7.4 per cent.
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