Indian economy is expected to see an average growth of 6.7 % over the 2015-19 period and a further boost would depend on reform plans of government. However, the Organisation for Economic Cooperation and Development (OECD) said India and China face significant challenges.“India's growth should remain stable at 6.7 %, before any potential boost from new government's reform plans,“ the report, released at ASEAN Business and Investment Summit here, said.
“Emerging Asia“ is set for healthy growth over the medium term even as outlook for many OECD countries remains subdued, as per grouping's latest economic outlook report for Southeast Asia, China and India.-“India's growth should be stable over 2015-19, but prospects could change depending on the implementation of the reforms of the new Modi government,“ the report had said.
“Emerging Asia“ is set for healthy growth over the medium term even as outlook for many OECD countries remains subdued, as per grouping's latest economic outlook report for Southeast Asia, China and India.-“India's growth should be stable over 2015-19, but prospects could change depending on the implementation of the reforms of the new Modi government,“ the report had said.
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