The Indian economy is likely to grow at 7.4% in the coming years. As Union Finance Minister Nirmala Sitharaman is to present the Interim Budget - vote on account - today, here is a quick look at the.
India needs to grow at 7 per cent for the next 25 years to raise incomes. Bulk of the investment to make this happen will have to be raised from within the country
The country's economic growth should rise from the current seven per cent to at least 10 per cent, which would result in overall increase in the per capita income, former NITI Aayog CEO Amitabh Kant said on Friday.
The IMF, early this week, projected a fairly robust growth of 8.2 per cent for India in 2022, making it the fastest-growing major economy in the world, almost twice faster than China's 4.4 per cent.
The economy rebounded in the July-September quarter of the financial year 2021-22 - surpassing the pre-Covid level as GDP grew by 8.4 per cent from a year earlier, government data revealed on Tuesday.