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Brics and straws

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Much ado about execution

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Indian economy to grow at over 5 pct in 2013/14

Oct 01 2013, 12:15 IST
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I don't see any major impact on the Indian economy on that account. (Reuters) I don't see any major impact on the Indian economy on that account. (Reuters)
Summary'US govt shutdown is not likely to have major impact on Indian economy.'

The Indian economy will grow at more than 5 percent in the current financial year ending in March 2014, Economic Affairs Secretary Arvind Mayaram said on Tuesday.

"It will be more than 5 percent. It cannot be less than 5 percent," Mayaram told reporters.

Mayaram also said as of now, a shutdown of the US government is not likely to have a major impact on the Indian economy.

"As of today, I don't see any major impact on the Indian economy on that account."

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