Washington: With India's growth projected to ease to 8 percent in fiscal 2011-12 from 8.8 percent last fiscal, South Asia is headed for a slower, but still buoyant 7.5 percent growth in 2011, says the World Bank.
After growing at a robust 9.3 percent during calendar year 2010, activity in South Asia moderated in the first quarter of 2011, it said in its June 2011 edition of Global Economic Prospects.
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First Published: Wednesday, June 08, 2011, 11:55