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Moderation in GDP coincides with deceleration in growth of global output, says Minister


India’s growth trajectory over the period 2014-15 to 2018-19 is characterised by macroeconomic stability with real GDP growth averaging 7.4 per cent. The current moderation in India’s growth coincides with a deceleration in growth of global output, as estimated by the IMF, in recent years, said Mr Anurag Thakur, Union Minister of State for Finance, during Question Hour in the Lok Sabha, as per a report.


The IMF has projected India’s GDP growth to pick up to 5.8 per cent in 2020, the report added.

 

Source : Exim News Service - New Delhi, Feb. 13

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