Govt to continue fiscal stimulus: FM

The minister was also hopeful that economic growth would touch 9-10 per cent towards close of the 11th Five-Year Plan ending 2012.

As Europe,North America and Japan account for more than 60 per cent of Indian exports,he said,it would not be easy to make for the loss in exports to these destinations.

India8217;s exports,which account for about 17 per cent of the Gross Domestic Product GDP,have been declining for the last one year.

Prime Minister Manmohan Singh had said on Sunday that the government would take appropriate steps for winding down the series of stimulus packages next year.