• Wednesday, May 18, 2022

Business

Budget: India eyes 7.2-7.5 per cent growth

India’s finance minister Arun Jaitley (centre) holds his briefcase during a photo opportunity as he leaves his office to present the federal budget in the parliament in New Delhi, on February 1

By: Rithika Siddhartha

INDIA is expected to register a growth rate of 7.2-7.5 per cent in the second half of the current fiscal year and is on way to becoming the 5th largest economy of the world, finance minister Arun Jaitley said today (1) as he presented the federal budget. Unveiling the budget for 2018-19, the minister said that India has grown on an average of 7.5 per cent in the first three years of the current government and has become a $2.5 trillion economy. “We hope to grow at 7.2 to 7.5 per cent in the second half of the current fiscal,”…

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