Double-digit growth seems a far cry, should be a long-term goal: Economists

The International Monetary Fund, on the other hand, has projected the economy will grow 7.4 per cent in the current fiscal year and 7.8 per cent in 2019-20

India clocked double-digit economic growth only once — in 1988-89 — but that does not stop the political class from making the claim that the country can repeat the feat.

The fact that the World Bank projects the economy will grow 7.3 per cent in the current fiscal year against 6.7 per cent in 2017-18 and then 7.5 per cent each in the next two years speaks volumes for the difficulties in meeting the target.

The International Monetary Fund (IMF), on the other hand, has projected the economy will grow 7.4 per cent in the current fiscal year and 7.8