Wednesday, May 31, 2006

News: 'Indian economy not overheating'

(RTR 31/05/2006) New Delhi - There is no evidence of overheating in the Indian economy, which grew at a faster-than-expected annual rate of 9.3 percent in the January-March quarter, the deputy chairman of the Planning Commission said.

Montek Singh Ahluwalia also told reporters that there was scope for further expansion in the manufacturing sector.

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