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India’s economic growth rate this year is over 10.5%: Niti Aayog

According to Rajiv Kumar, Vice Chairman of Niti Aayog, the Indian economy is expected to grow by more than 10.5% this year as both the Manufacturing and Services Purchasing Managers Index (PMI) showed a very wise rise last month. .. The retail sector is being modernized at a virtual conference of the Indian Public Relations Forum (PAFI).

“We need to double our share of world trade … and that may require better market access,” he was reported by the news agency.

The country’s economy recorded a record quarter-April-June quarter, helped by a sharp recovery in manufacturing and services, despite a very weak foundation and a devastating second COVID wave last year. It has grown by 20.1 percent.

According to Rajiv Kumar, Vice Chairman of Niti Aayog, the Indian economy is expected to grow by more than 10.5% this year as both the Manufacturing and Services Purchasing Managers Index (PMI) showed a very wise rise last month. .. A virtual conference that the retail sector is being modernized.

The Reserve Bank of India has lowered its growth forecast for the current fiscal year from the previously estimated 10.5% to 9.5%, while the International Monetary Fund forecasts growth of 9.5% in 2021 and 8.5% the following year. rice field.

Fiber2Fashion News Desk (DS)



India’s economic growth rate this year is over 10.5%: Niti Aayog

Source link India’s economic growth rate this year is over 10.5%: Niti Aayog

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