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Growth likely at 5.7-5.8%: Planning Commission

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FY13 growth is likely to be at 5.7-5.8%, says Dr. Saumitra Chaudhuri of the Planning Commission. He expects growth to have picked up in the second half of the fiscal year due to a number of factors, including a pick-up in consumption and some segments of manufacturing. He adds that lower government spending will only impact Q3 and Q4 growth on the margins.

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