Moneycontrol
Last Updated : Mar 14, 2018 04:35 PM IST | Source: CNBC-TV18

India needs more reforms for 8% growth: World Bank

Indian economy is set to revert to its trend growth rate of 7.5 percent by FY19 -- says a World Bank report -- but it also adds that attaining a growth rate of 8 percent plus will require several structural reforms. The report also says that India needs to clock a growth rate of 8 percent plus for next 30 years in order to become a middle income country.

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Indian economy is set to revert to its trend growth rate of 7.5 percent by FY19 -- says a World Bank report -- but it also adds that attaining a growth rate of 8 percent plus will require several structural reforms. The report also says that India needs to clock a growth rate of 8 percent plus for next 30 years in order to become a middle income country. So is India making the move in that direction? CNBC-TV18's Ronojoy Banerjee caught up with Junaid Kamal Ahmad India Country Director at World Bank to find out.

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First Published on Mar 14, 2018 04:07 pm

tags #Economy

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