BackIndia’s growth slowdown has bottomed, says Arvind Subramanian
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12 Jan 2015, 11:33 AM IST
The pace of economic expansion is expected to accelerate, said the finance ministry's chief economic adviser
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Gandhinagar: India’s growth slowdown has bottomed out and the pace of economic expansion is expected to accelerate, said the finance ministry’s chief economic adviser Arvind Subramanian on Monday.
Asia’s third-largest economy grew below 5% in the past two years—the longest spell of sub-par growth since 1980s. However, it is expected to grow about 5.5% in the fiscal year that ends in March. Reuters
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Published: 12 Jan 2015, 11:33 AM IST
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