• SENSEX
    NIFTY 50
VIDEOS
Economy

Expect India to achieve 7.5%-8% GDP by next year, says Rashesh Shah

Updated : April 30, 2018 06:39:14 IST

Speaking at the sidelines of the India Economic Summit, Rashesh Shah, President, FICCI, said that he remains fairly confident of India achieving 7.5%-8% gross domestic product (GDP) growth but more reforms are needed in the finance and labour markets to accelerate growth further, reports Yash Jain.

More reforms in finance and labour sectors are needed to get 10% GDP growth, said Shah.

Talking on oil prices, he said country needed a very balanced approach in tackling rising crude prices and government can look at cutting excise duty to tackle price rise.
cnbc two logos
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
Live TV

recommended for you

Advertisement