India likely to grow 5.5-6.5 pct in FY13: Rajan

NEW DELHI (Reuters) - The economy is likely to grow 5.5-6.5 percent in the current fiscal year ending in March 2013, Raghuram Rajan, India's chief economic adviser, told NDTV Profit television channel on Tuesday.

An 8-9 percent growth rate is still a few years away as slowing investments will lead to a much slower-than-expected growth revival, Rajan said.

(Reporting by Anurag Kotoky, editing by Ross Colvin)


Updated Date: Sep 25, 2012 23:46 PM

Also Watch

Watch: Firstpost test rides the new Thunderbird 500X in Goa and walks you through the Royal Enfield Garage Cafe
  • Tuesday, April 17, 2018 Varun Dhawan on Shoojit Sircar's October, 5-star reviews and working with Anushka Sharma in Sui Dhaaga
  • Saturday, April 14, 2018 Ambedkar Jayanti: Re-visiting Babasaheb's ideals exposes fake Dalit politics of Rahul Gandhi and Congress
  • Monday, April 9, 2018 48 hours with Huawei P20 Pro: Triple camera offering is set to redefine smartphone imaging
  • Monday, April 16, 2018 Rajyavardhan Singh Rathore interview: Sports can't be anyone's fiefdom, we need an ecosystem to nurture raw talent

Also See