https://www.taxtmi.com/news?id=3421 Revised estimates lower GDP growth for 2011-12 and show subdued fourth quarter expansion; causes include tight monetary policy, weak global sentiment affecting private investment, and mining sector environmental bottlenecks. The statement notes a fourth quarter recovery in investment, improvements in mining and fuel linkages, and a normal monsoon prediction, and commits the Government to address fiscal and current account imbalances to check inflationary expectations and support capital flows and investment recovery. en-us Thu, 31 May 2012 15:46:03 +0530 Thu, 31 May 2012 15:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3421 Revised estimates lower GDP growth for 2011-12 and show subdued fourth quarter expansion; causes include tight monetary policy, weak global sentiment affecting private investment, and mining sector environmental bottlenecks. The statement notes a fourth quarter recovery in investment, improvements in mining and fuel linkages, and a normal monsoon prediction, and commits the Government to address fiscal and current account imbalances to check inflationary expectations and support capital flows and investment recovery. News - Thu, 31 May 2012 15:46:03 +0530 https://www.taxtmi.com/news?id=3421