Assocham sees 7.2% growth

Assocham sees 7.2% growth
The Economic Times, June 12, 2009, Page 9

NEW DELHI: The Indian economy may grow at 7.2% this fiscal on the back of an improvement in consumer sentiment, policy reforms and projected growth in the agriculture and industrial sectors, an Assocham survey said. In a survey of 300 businessmen, about 42% of the respondents said policy reforms would cast large impact on the GDP growth. "The Indian economy is expected to register a GDP growth rate of 7.2% in 2009-10 on account of an improvement in consumer sentiment, rural India and policy reforms," the chamber said.