FM Sitharaman says India looking at near double-digit growth this year

Pitches for urgent reforms in UN, World Bank, IMF as 'they no longer speak for all nations'

Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman

Nikunj Ohri New Delhi
India will witness close to double-digit economic growth this financial year (FY22), which would be the highest among the major economies of the world, Finance Minister Nirmala Sitharaman has said. The economy is expected to grow at 7.5-8.5 per cent — as projected by rating agencies — in the next financial year, and the growth would sustain at this range for the next decade, she said on Tuesday.

“I expect that (growth) to be sustained for the next decade, because the rate at which expansion in core industries is happening, the rate at which services are growing, I don’t see a reason for India (growth) to be any way less (in) the coming decade,” Sitharaman said at the Harvard Kennedy School.


First Published: Oct 14 2021 | 02:01 AM IST

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