Indian economy likely to grow over 8% in FY17

[domainking131]

The economy is expected to grow over 8 per cent this fiscal with the forecast of above-normal monsson raising hopes of the agriculture sector's revival after two successive drought years, Niti Aayog vice-chairman Arvind Panagariya said today.

"The economic growth rate will be more than 8 per cent during the current fiscal. There is a forecast of above-normal monsoon this fiscal," Panagariya said after delivering a lecture organised by the Central Vigilance Commission here.



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[Jeff]

That must be pretty much the best or one of the best growth rates in any major country!