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India To Clock 8% GDP Growth In 2016-17

Industry Economy

According to PHD Chamber of Commerce, India’s economy is likely to clock nearly 8 per cent growth in the current fiscal on the back of robust private consumption, which has benefited from lower energy prices and higher real incomes. The chamber also estimated that India’s share in world GDP has doubled from 1.43 per cent in 2000 to 2.86 per cent in 2015.

Extracted from HBL Apr 24,’16

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