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Growth could get stuck at 5-5.5% if policy logjam continues: Plan panel

Last Updated: Thursday, December 27, 2012, 14:43

The Planning Commission on Thursday projected 8 percent economic growth for the 12th Plan, but cautioned that "policy logjam" could slow the expansion to even as low as 5-5.5 percent during the five year period.

Policy logjam can pull down growth rate to 5% in 12th Plan

Last Updated: Sunday, December 23, 2012, 12:05

The Plan panel has warned that persistent policy logjam could pull down the annual average economic growth rate in the 12th Five Year Plan (2012-17) to 5-5.5 percent, from 7.9 percent recorded in the 11th Plan.