GDP growth at 7.2% over 5 yrs: Economist

GDP growth at 7.2% over 5 yrs: Economist
The Economic Times, June 23, 2009, Page 9

INDIA'S real GDP growth will average at 7.2% over the next five years even as risks to the global economy continue to remain high, the Economist Intelligence Unit has said, reports PTI from Mumbai. The world's second-fastest growing economy may also see negative inflation for the next 3-6 months triggering expectation of rate cuts by banks, the research arm of Economist added. “Emerging Asia will be the world's fastest-growing region over 2010-13, but this mainly reflects a relatively strong growth performance by India and China,” it said.