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Growth to remain in 7-7.5% range in next few years: PM advisory panel

Friday, January 25, 2019, 9:12 PM

India's economic growth is expected to remain in the range 7-7.5 per cent in the next few years, the Economic Advisory Council to the Prime Minister (EAC-PM) said. The growth rate can be easily increased by 1% by addressing structural problems through reforms, the council observed during its meeting Friday. The CSO in its latest forecast pegged the growth at 7.2% for 2018-19.
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India grows faster than China's in topsy-turvy 2018

Tuesday, January 1, 2019, 10:38 PM

India remained ahead of China to retain the tag of world's fastest growing-large-economy withstanding several-ups and downs, spike in oil prices and global trade war like situation during 2018. The Indian economy's roller-coaster ride during 2018 was best captured by the GDP growth. In the first quarter of 2018-19 ending 30 June, it grew at an impressive 8.2%, after 7.7% in the year.
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India cant work from the Centre, says Raghuram Rajan

Saturday, November 10, 2018, 7:11 PM

Demonetisation and Goods and Services Tax (GST) were the two major headwinds that held back India's economic growth last year, former RBI governor Raghuram Rajan said, asserting that the current 7% growth rate was not enough to meet the country's needs. Addressing an audience at the University of California in Berkley on Friday, Rajan said.

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