India’s 2013 growth to be 5.5-6.5%: Moody’s

Indian economy is expected to pick up and grow in the range of 5.5-6.5 per cent in 2013 even though government steps for new investments have been relatively small in scope,Moody’s said today.

Written by PTI | New Delhi | Published: May 16, 2013 2:54:02 am

Indian economy is expected to pick up and grow in the range of 5.5-6.5 per cent in 2013 even though government steps for new investments have been “relatively small in scope”,Moody’s said today. Citing cautious private sector and relatively high inflation,the global rating agency also said that the country is struggling to boost investment and economic growth.

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