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india: India to grow at 6.5-6.8 pc this fiscal; festive, govt spending to drive growth: Deloitte

Deloitte India predicts that the countrys GDP growth for the current fiscal year will be between 6.5-6.8%, driven by festive spending and increased government expenditure ahead of the national elections in 2019. The report also states that India needs at least 6.5% growth each year to become the worlds third largest economy by 2027, and 8-9% growth to become a developed country by 2047. Deloitte highlights the importance of domestic demand, particularly private consumption and investment spendin...
Rumki Majumdar Deloitte India Gross Domestic Product India Economist Rumki Majumdar Upcoming National Worlds Third

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