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What experts feel about India's GDP growth of 7.9% for March quarter

Views from analysts across different institutions on India's GDP data

Indian Economy

Reuters  |  MUMBAI 

India's economic growth accelerated a stronger-than-expected 7.9% in the three months through March from a year earlier, up from a revised 7.2% in the previous quarter, government data showed on Tuesday. For the 2015/16 fiscal year ending in March, growth came in at 7.6%, in line with the official estimate. The higher GDP number was welcomed by experts and said the outlook looked positive based on that. Here’s what they said about the core data. "The numbers are higher than what the consensus expectation was, so in that sense, it is definitely positive, which ...

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First Published: Wed, June 01 2016. 09:06 IST