No need to alter 5-yr growth plan: Montek

Montek said there was no need to alter the growth plan of 9 pct over the five years to 2011/12.

The deputy chairman of India’s Planning Commission said on Tuesday there was no need to alter the country’s medium-term growth plan of 9 per cent over the five years to 2011/12.

Montek Singh Ahluwalia said he expects farm sector output growth at 4 per cent for the fiscal year ending March 2009.

Asia’s third-largest economy is feeling the impact of the global economic slowdown and growth is widely expected to slow to 7 per cent in 2008/09 from the 9 per cent levels witnessed in the past few years.

Among dead in Vijay rally stampede, young mother, couple set to marry

Cities26 min ago

A rally by actor-politician Vijay in Velusamypuram ended tragically with 40 deaths in a stampede. Non-political workers gathered to see the superstar, but exhaustion, heat, and poor planning caused chaos. People collapsed, ambulances couldn't reach, and police presence was inadequate. Vijay's team ignored instructions, and the narrow roads and insufficient crowd control added to the tragedy.

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