Indian economy can clock double-digit growth before Q4 FY19, says FM Goyal


Indian economy can clock double-digit growth before Q4 FY19, says FM Goyal

Indian economy can clock double-digit growth before the current financial year 2018-19 comes to an end, interim Finance Minister Piyush Goyal said today at an event in Delhi.

“I can actually see it happening before fourth quarter (January-March) of this year. It’s not impossible. There is a demand uptick in the economy. There is a mood in the nation and aspirational billions of fantastic marketplace we have,” Goyal said at an industry event organised by the Confederation of Indian Industry (CII).

“I think the efforts this government is doing for making easier to do business every with a caveat… let me correct myself. Easier to do honest business. And when this country becomes a nation of honest business, then 10 percent plus growth is doable,” he further said.

Meanwhile, Finance Minister Arun Jaitley separately said in a blog that India has established itself as a fastest growing global economy after recording 7.7 percent Gross Domestic Product (GDP) growth in the last quarter of 2017-18. Read More

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