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  <News>
    <news_id>99926</news_id>
    <news_heading> Economy will grow 7.5 percent this fiscal: Anand Sharma</news_heading>
    <news>New Delhi:Commerce Minister Anand Sharma Monday hoped the Indian economy would grow 7.5 percent in the current fiscal.&lt;br /&gt;&lt;br /&gt;&amp;quot;Hopefully, we will grow at about 7.5 percent this year. Our government is determined to further accelerate the momentum of growth,&amp;quot; Sharma said while addressing the second India Arab Investment Conclave here.&amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;br /&gt;&lt;br /&gt;The advance estimates of the country~s gross domestic product released Monday by the Central Statistical Organisation (CSO) forecast a growth rate of 7.2 percent this fiscal, compared to 6.7 percent achieved last fiscal, despite a 0.2 percent decline predicted in farm output.&amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;br /&gt;&lt;br /&gt;Sharma said India would seek to double its trade with the Arab world from the current $114 billion. &amp;quot;We have set a target of doubling trade with the Arab world by 2014.&amp;quot;(IANS)&amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;</news>
    <infocus>0</infocus>
    <dateofissue>2010-02-08T09:06:53-05:00</dateofissue>
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    <category>Business and Economy</category>
  </News>
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