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Our Bureau

Mumbai, Aug. 29 The Finance Minister, Mr. P Chidambaram, said the country’s GDP would likely grow close to 8 per cent in the current fiscal.

“Last year we expected 9 per cent growth and ended the year with 9.1 per cent. This year too we are confident that we will be more or less correct in our assessment. There is a high degree of savings and investments,” said the Minister, speaking to reporters on the sidelines of a conference in Mumbai.

Any Finance Minister would “give an arm and a leg” to report GDP growth of 8 per cent for their country, said Mr Chidambaram.

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