Sep 8, 2009
| Last Updated
$0In September 2009, India’s economic advisory committee lowered its GDP growth forecast for 2007-2011 from 9.0% to 7.8%. The government now expects growth to slow to 6.3% in 2009, from an average 9.0% growth in the recent years, due to the global recession. But it expects growth to return to 8% and 9% in 2010 and 2011, respectively. However, less benign global factors going forward and slow domestic reforms will make it challenging to achieve these growth targets.$0
$0The Indian economy grew 6.1% in Q2 2009 after[...]
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