8-9% GDP growth is here to stay, says Chidambaram

RURAL DEMAND: Union Finance Minister P. Chidambaram flanked by CII President, K. V. Kamath (left), R. Seshasayee (second from right), Chairman, CII, and Director-General, CII, Chandrajit Banerjee, arriving to attend an interactive session in New Delhi on Tuesday.

NEW DELHI: Even as signals of a growth slowdown are discernible in the wake of surging inflation and high interest rates, Finance Minister P. Chidambaram on Tuesday expressed confidence that the economy would be back on track by the second half of 2009-10.