Average 9% growth in 11th Plan possible: Economy Survey 2008-02-28 12:14:36 Source: CNBC-TV18 Finance Minister, P Chidambaram presented the Economic Survey 2007-08 before the Parliament today. While asserting that inflation can be contained, Mr Chidambaram also emphasized that an average GDP growth of 9% is achievable in the 11th Plan. The FM said the country's growth has been reflected in the pace at which the average income is growing. The Economic Survey, however, reveals that capital inflows have been putting pressure on prices. On investment opportunities, the Survey assures that a climate conducive for investment will be maintained. The FM said there is no need to ensure non-inflationary growth. Excerpts from Finance Minister, P Chidambaram's speech: I have just placed the Economic Survey for 2007-08 on the table of the House, and I wish to make a brief statement. The economy has decisively moved to a higher growth trajectory during the five years t
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