Economic growth likely to hit 7.5% this financial year, says Rajiv Kumar, Niti Aayog chief
Updated : April 28, 2018 02:04 PM IST
Niti Aayog Vice Chairman Rajiv Kumar expects India's economy to grow by at least 7.5% in 2018-19 on the back of improvement in investment cycle and capacity utilisation.
The government should now concentrate on consolidating the reform initiatives undertaken in the last 47 months, he added.
"Foreign Direct Investment (FDI) is increasing and I expect rate of growth to be at least 7.5% in 2018-19," Kumar told PTI.