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Monday, March 31, 2014

India’s Economy To Grow At 5.5 % In Next Financial Year

Federation of Indian Chambers of Commerce and Industry (FICCI) after conducting a survey said on Sunday that it pointed to improved economic growth in the next financial year. 




According to FICCI the GDP growth of India for the year 2014-15 is projected at 5.5 per cent. It also said that the economists who have participated in the survey expect that the industrial sector should also recover in the next financial year.

The Industry chamber in a statement said that the growth of the industrial sector is estimated to be at 3.3 %.


According to the 'Economic Outlook Survey' of the FICCI, the growth of the Agriculture sector has been fixed at 3.3 per cent and the growth of the services sector has been fixed at 7 per cent for the next financial year.

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