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Journalism of Courage
Global rating agency Moody’s today warned that India’s over eight per cent economic growth may not be sustainable, saying it may average to 6.5 per cent in the coming years. ‘‘India’s economy will grow an average 6.5 per cent in the years ahead,’’ Moody’s said in its latest report and added that even at 6.5 per cent, the country was likely to attract much more capital in the future.Moody’s attributed the recent buoyant growth to the surge in farm productivity, after the country last year received good monsoon and reported increased output in industrial and service. (PTI)
