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“I expect the Indian economy to grow 7 per cent in current fiscal and further to 7.4 per cent next fiscal. Only after the adjustments with regard to demonetisation, GST roll out and shifting the fiscal year is over and settled, we could see India achieving the 8 per cent growth potential in about two years time,” he said.
Relentless implementation of the policies shall go a long way in achieving the true growth potential of India, Nangia & Co Managing Partner, Rakesh Nangia said.
“Sluggish world economy may keep crude oil and commodity prices low, but a good monsoon and growth in domestic demand shall keep India’s GDP high,” he said.
From Agencies, Feature image courtesy india.com
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