India’s Economic Growth slopes Down 5%: PM

India growth rate going down, India's economic slowing down

The reducing of subsidiary facilities will be continued to handle fiscal deficit, said Prime Minister ManMohan Singh while participating in the annual meeting conducted by Business association of India.

It is very significant to reduce inflation, the countries growth is slowing down to 5%. But it will be increased to 8% he said confidently. Necessary actions are taken to regularize the economic problem, he said. But it essential to wait until, increase in the economic growth of the world, he added.

The countries growth should include growth in all Disciplines. Economic growth of the country cannot attain without industries he told in the meeting.

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