Mar 15, 2012, 12.48 PM | Source: Reuters
India's economy is likely to pick up pace in the fiscal year that starts on April 1 and could grow 7.6%, a finance ministry report said on Thursday.
Economic growth faltered to a three-year low of 6.1% in the December quarter and the pace of economic expansion this fiscal year is forecast to dip below 7% for the first time in three years.
The finance ministry report pegs the economic growth in 2013-14 fiscal year at 8.6%.
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