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India's GDP likely to grow by 5.6 per cent in FY15, says World Bank

Lostsoldier

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NEW DELHI: India's GDP is likely to expand by 5.6 per cent this fiscal as reforms gain momentum and the growth is expected to accelerate as proposed measures such as GST will give a boost to manufacturing sector, a World Bank report said today.

In the following years, the Gross Domestic Product (GDP) growth is likely to rise further to 6.4 per cent and 7 per cent in FY16 and FY17 respectively, it said.

"India's economic growth is expected to rise to 5.6 per cen ..

Read more at:
http://economictimes.indiatimes.com/articleshow/44949795.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
 
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