Scepticism Over 10% Industrial Growth Goal

RBI ANNUAL REPORT FOR 2002-03

The Reserve Bank of India (RBI) is not confident of the Indian industrial sector achieving targeted growth rate of 10 per cent as stated in the Tenth Plan period (2002-07), up from 4.5 per cent in the Ninth Plan.

In its annual report 2003-04 released today, the central bank pointed out that