Chief Economic Advisor V Anantha Nageswaran Thursday said that the Indian economy is expected to grow at 6.5 per cent in the current fiscal despite the deficient rain in August. He said both the government and the Reserve Bank of India are monitoring food price developments,
“There is momentum in economic activity in general and it is not driven by price-related distortions. Therefore our projections still are very comfortably placed at 6.5 per cent for the current financial year,” he said.
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