'Economy to growth 5.5% this year amid signs of upturn'
Reuters: New Delhi, Feb 09 2013, 16:12 IST
India's economy will grow by 5.5 percent this fiscal year and 6-7 percent in the next fiscal year, as Asia's third-largest economy shows signs of reviving, Finance Minister P. Chidambaram said on Saturday.
Chidambaram said the economy would perform better than the 5 percent growth forecast by the government's Central Statistical Organisation (CSO) last week.
The 5 percent figure had been taken as an indication that the economy, growing at its slowest pace in a decade, could be in a worse state than anticipated.
Previous Story Gold advances on firm buying, silver also edges up Next Story BSE Sensex, Nifty hit 2013 lows as shares continue southward journey
Reader's Comments| Post a Comment
Be the first to comment.
