The percentage of population below the  poverty line declined at 0. He noted that growth in the current fiscal is likely to be lower than the 6.7 per cent reached in the previous eight years,” said the Prime Minister said. “I assure you we will get out of it (economic slowdown),” said the PM. This makes for good television but it is a very distorted picture,” Dr Singh said in his address to the 92nd AGM of industry chamber Assocham.5 per cent aimed at in the Union Budget.“Our political critics focus on the experience  of one bad year.2 per cent per annum. He said this is a record that any government can be proud of.Dr Singh asked industry “not to be overcome by negative sentiments”. He said poverty declined at a faster rate during UPA rule and rural wages rose much faster.New Delhi: Hitting back at the Opposition for focusing only on “one bad year”, Prime Minister Manmohan Singh on Friday assured industry that the government will leave no stone unturned to ensure that the Indian economy re-bounds.75 percentage points per year before our government  China disc brake chamber Manufacturers came to office in 2004-05.  

This is much better than the 5.“The average growth rate in the eight years  of the UPA, from 2004-05 to 2012-13, was 8. Dr Singh noted that economic growth during  the Congress-led UPA government was faster than under previous governments. It has fallen more than two percentage points per year between 2004-05 and 2011-12,” said Dr Singh..“I must emphasise that it is not the exact growth number for 2013-14 that matters. What is important is that the economy should turn around from the five per cent achieved last year,” said Dr Singh