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.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more