India economy projected to grow by 6.2% in FY14: NCAER
Quotes

India economy projected to grow by 6.2% in FY14: NCAER

Last Updated: Tuesday, May 7, 2013, 19:38
 
 Comment 0
 
India economy projected to grow by 6.2% in FY14: NCAER
New Delhi: The Indian economy is likely to grow by 6.2 percent in the current financial year, economic think-tank National Council of Applied Economic Research said on Tuesday.

"India's GDP growth rate in 2013-14 is projected at 6.2 percent," National Council of Applied Economic Research (NCAER) said in its report 'Quarterly Review of the Economy'.

NCAER's GDP growth projection for the current fiscal is significantly higher than Reserve Bank of India's GDP growth projection.

The RBI in its annual monetary policy review for 2013-14 last week had projected GDP growth rate of the country for the current fiscal at 5.7 percent.

NCAER expects India's fiscal deficit for the current fiscal to be at around 5 percent.

It also pegs headline average inflation for 2013-14 at 5.9 percent.

PTI



First Published: Tuesday, May 7, 2013, 19:38


Comments


comments powered by Disqus
World`s Top 10 Powerful Women
World`s Top 10 Powerful Women
New Age XUV500
New Age XUV500
Renault Kwid
Renault Kwid
Tata GenX Nano
Tata GenX Nano
2015 Indian Roadmaster
2015 Indian Roadmaster

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved