Revival process may start soon: Tendulkar
The Economic Times, March 27, 2009, Page 16
Even as the Sensex pierced the 10K barrier on Thursday after months of economic gloom, Prime Minister’s Economic Advisory Council chairman Suresh Tendulkar spread cheer by forecasting that the economy might be on a recovery path by September 2009, reports Our Bureau from Kolkata. Speaking at a seminar organised by Merchant Chamber of Commerce on Thursday, he said: “I am reasonably hopeful that the low interest rate regime will come as a relief and with that I expect the revival process to start in the next 3-6 months.”
OPTIMISTIC: D Subbarao
The Economic Times, March 27, 2009, Page 16
Even as the Sensex pierced the 10K barrier on Thursday after months of economic gloom, Prime Minister’s Economic Advisory Council chairman Suresh Tendulkar spread cheer by forecasting that the economy might be on a recovery path by September 2009, reports Our Bureau from Kolkata. Speaking at a seminar organised by Merchant Chamber of Commerce on Thursday, he said: “I am reasonably hopeful that the low interest rate regime will come as a relief and with that I expect the revival process to start in the next 3-6 months.”
OPTIMISTIC: D Subbarao
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