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India grew by 5.3%, stay in 3 years minimum

India grew by 5.3%, stay in 3 years minimum India mumbai, India's economy in the September quarter growth of 5.3%, the government on Friday, according to figures released in three years of lowest level stay in new Delhi struggle for reform, to stimulate investment and economic growth.
This figure is in line with market expectations.
Economic growth in new Delhi efforts, the young population explosive growth and create employment opportunities, balance the budget, and in 2014 the national election upfront expensive social welfare the complexity of the project.
India's economic growth in the second quarter this year of 5.5%, 5.3% growth in the first quarter. This is in the global economic recession, drag India's economic growth dropped to 3.5%, for 2009 years since January to march quarter the slow speed.
"Our expectation is, in the second half will rebound," cristiano orchid gallas zhan, the prime minister of the chairman of the council of economic advisers, told CNBC - TV18. "We should be able to have 5.5% or above, annual growth rate.




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