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Union Finance Minister P Chidambaram on Saturday expressed confidence of the GDP growth touching 10 per cent
Media Release
Jun. 16, 2007

Union Finance Minister P Chidambaram on Saturday expressed confidence of the GDP growth touching 10 per cent during the current fiscal year.

With efforts put in by entrepreneurs, industrialists and all sections of the society, the country achieved 7.5 per cent growth in the first year of the Manmohan Singh-led UPA rule followed by nine per cent next year and 9.4 per cent in the just concluded financial year, Chidambaram said.

Speaking after inaugurating a plant, manufacturing defence-oriented products, on the city outskirts, Chidambaram said the Government's confidence in the reforms was the main reason for the economic growth being achieved and taking the nation economically forward.

Lauding the efforts of Saarc Tech Tool for taking up the manufacture


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