India need economy booster package in FY'10, too: Montek

New Delhi, Dec 19 (PTI) India's Planning Commission
Friday said the country's economy will need stimulus package
in next fiscal as well since global slowdown will continue in
2009-10.

"It is certainly my view that the need for fiscal
stimulus will not end this fiscal and will go beyond that,"
Planning Commission Deputy Chairman Montek Singh Ahluwalia
said on the sidelines of a function to mark the 75th birth
anniversary of Nobel laureate Amartya Sen.

"Since global slowdown will continue next year also,
fiscal stance that needs to be considered should not be just
for this fiscal but also for the next year," Ahluwalia said.

He said the fiscal deficit will be higher on account of
the stimulus package that the government has announced
recently and the government will report this to Parliament at
the right time.

On falling inflation he said, "I have already said it
will come down, it has come down. It may come down even
further".

On economic growth he said," Seven per cent growth will
be a good performance". PTI IND
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