Current Affairs Economy & Banking

India's 7% Projected Growth Rate For The Current Fiscal: ADB

Category : Economy & Banking

 Asian Development Bank Chief Economist Yasuyuki Sawada has stated India's projected GDP growth of over 7 percent for the current fiscal (2018-19) is amazingly fast and if this momentum is maintained the size of the economy can double within a decade.  According to ADB, India should not worry about not achieving 8 percent growth but focus on increasing domestic demand by reducing the income inequality.  


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