India’s GDP is growing at 7.9% and is expected to overtake China in 4/5 years according to India’s newly appointed chief economic advisor and renowned economist Kaushik Basu.
Archive for the ‘GDP growth in India’ Category
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Saturday, December 5th, 2009India to return to 8-9% GDP in two years
India could return to a higher growth trajectory of 8-9 % in two years, but it needs to invest
more in infrastructure for sustaining such growth, World Bank president Robert Zoellick said on Friday. (more…)
Wednesday, October 28th, 2009Growth forecast falls to 6% in RBI survey
Professional forecasters have added to Reserve Bank of India (RBI) Governor Duvvurri Subbarao’s dilemma on timing the exit from an accommodative monetary policy stance. (more…)
Wednesday, August 5th, 2009Indian economy update 2009/10
Indian GDP Growth is revised and expected to grow at 7.2% in 2009/2010.
Wednesday, July 29th, 2009Indian Economy to grow at rate of 6.7%
The Indian Finance minister Pranab Mukherjee on Wednesday said the economy was expected to maintain a growth rate of 6.7% in 2009-10, the same as the last fiscal, as some signs of pick up were visible. (more…)