New Delhi: The economy can grow an annual 5.2% in the quarter to end-March on higher farm output growth, the chairman of the Prime Minister’s Economic Advisory Council (PMEAC) said on Friday.

C. Rangarajan also said he expects the economic growth to pick up to 5.5-6% in the fiscal year that begins on 1 April.

Contracting industrial output and an investment slowdown dragged India’s economic growth to a worse-than-expected 4.7% in the three months to December, making it tougher for the economy to hit the government’s growth forecast of 4.9% in the fiscal year that ends in March. Reuters

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