Recently various Financial Institutions and Govt Organizations have come out with
India's Real GDP growth projections for FY 2009 . [Figures in Percentage]
* ASSOCHAM 7.9
* Confederation of Indian Industries (CII) 8.0 -8.5
* Citigroup 7.7 to 8.3
* Merrill Lynch 7.9 to 8.2
* JP Morgan 7.0 to 7.5
* Centre for Monitoring Indian Economy (CMIE) 9.5 to 9.1
* NCAER 8.5 to 8.8
* Standard & Poor's, CRISIL 7.8 to 8.1
* Asian Development Bank 8.0 to 8.5
* International Monetary Fund 8.0
* United Nations Organisation 8.2
* Economic Advisory Council to Prime Minister 8.5
* Reserve Bank of India 8.0 to 8.5
Interestingly no one has projected the growth below 7%.Hopefully we will maintain at least 7.5% to 8% with rising interest rates and global financial turmoil.
