India remains steady on outlook

 

Although the Bombay Stock Exchange has taken a battering, the same as everywhere else in the world, the national economic outlook doesn’t seem to be too bad, according to Montek Singh Ahluwalia of the Indian Planning Commission.

Speaking at the World Economic Forum-India Economic Summit on Tuesday, he stated that :

Despite an uncertain economic outlook, India is expected to grow around 7.5 percent this fiscal and the total number of jobs will not go down

More can be read on this here at India PRWire

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