Economy can grow 8 pct in coming fiscal year - Jayant Sinha | Reuters - Firstpost
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Economy can grow 8 pct in coming fiscal year - Jayant Sinha | Reuters

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NEW DELHI The Indian economy can grow by 8 percent in the coming fiscal year as long as there is a favourable monsoon after two years of drought, deputy finance minister Jayant Sinha said on Saturday.

Speaking on the sidelines of the Economic Times Global Business Summit, Sinha said that a favourable rainy season could add between 0.5 and 1 percentage point to growth in Asia's third-largest economy.


(Reporting by Douglas Busvine; Editing by Jacqueline Wong)

This story has not been edited by Firstpost staff and is generated by auto-feed.

First Published On : Jan 30, 2016 12:45 IST

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