India posts 7.6% annual growth on Modi's policies
News in Delhi:Amid a global slowdown, India remnants the fastest-growing
major economy with fourth-quarter gross domestic product growing accelerating
to 7.9%, official data displayed on Tuesday, handing Prime Minister Narendra
Modi added reason to rejoice, following some key legislative conquests.
News in Delhi:Amid a global slowdown, India remnants the fastest-growing
major economy with fourth-quarter gross domestic product growing accelerating
to 7.9%, official data displayed on Tuesday, handing Prime Minister Narendra
Modi added reason to rejoice, following some key legislative conquests.
For the financial year ending March 31, India's economy grew
7.6%, against a rise of 7.2% in the earlier fiscal year. With the strong
fourth-quarter recital, India continues to surpass neighboring China, whose GDP
growth stood at a seven-year low of 6.7% in the January-March dated.
However, some experts contend the Indian GDP data exaggerates the gift of the economy, and
does not align with other sign.
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