‘Need of stimulus package in FY’10, too’

“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”.