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World Bank pegs India’s growth at 7.5% in 2015-16

Industry Economy

According to the World Bank’s- India Development Update, India’s economic growth is expected to rise to 7.5 per cent in 2015-16, followed by further acceleration to 7.9 per cent in 2016-17 and 8 per cent in 2017-18. However, acceleration in growth is conditional on the growth rate of investment picking up to 11 per cent from FY16 to FY18, the report said.

Extracted from HBL, Apr 28,’15

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