<p>"I am optimistic that the measures I have outlined in this year's budget will revive private investment and put the economy back on the growth path of 9 per cent," he said at a SIDBI function here.<br /><br />He said that the economy in 2009-10 is expected to grow by 7.2 per cent, which is "impressive by global standards".<br /><br />In the current fiscal (2010-11), Mukherjee said, the economy would expand by 8.25-8.75 per cent.<br /><br />Yesterday, Prime Minister Manmohan Singh had exuded confidence that the economy can get back to 9 per cent growth by the end of 11th Five-Year Plan (2007-2012) and do even better thereafter.<br /><br />After clocking an impressive 9 per cent growth for the previous three fiscals till 2007-08, India's GDP grew by a relatively modest rate of 6.7 per cent in 2008-09.</p>
<p>"I am optimistic that the measures I have outlined in this year's budget will revive private investment and put the economy back on the growth path of 9 per cent," he said at a SIDBI function here.<br /><br />He said that the economy in 2009-10 is expected to grow by 7.2 per cent, which is "impressive by global standards".<br /><br />In the current fiscal (2010-11), Mukherjee said, the economy would expand by 8.25-8.75 per cent.<br /><br />Yesterday, Prime Minister Manmohan Singh had exuded confidence that the economy can get back to 9 per cent growth by the end of 11th Five-Year Plan (2007-2012) and do even better thereafter.<br /><br />After clocking an impressive 9 per cent growth for the previous three fiscals till 2007-08, India's GDP grew by a relatively modest rate of 6.7 per cent in 2008-09.</p>