Indian Economy To Grow At 5.6% This Year
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The "In India, growth is expected to increase in the rest of 2014 and 2015 as exports and investments continue to pick up and more than offset the effect of an unfavourable monsoon on agriculture," the IMF said.
In its
The report comes as thumbs up to Prime Minister Narendra Modi, who had promised to revive India’s economy that grew just 4.7% last year. Modi has been trying to minimise red tape, attract foreign investment and bring in global firms to manufacture in India for his ‘make in India’ initiative.
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