Indian economy to grow at 6.1% 2013-14: World BankNEW DELHI:

   World Bank on Tuesday scaled down India's growth forecast to 6.1% for the current fiscal from 7% projected six months ago.

The decline in the growth forecast is largely due to the decline in agriculture sector which is expected to grow at 2% during 2013-14 against the previous estimate of 2.7% despite normal monsoon projection.

However, the multi-lateral funding agency said that India is regaining economic momentum and growth is expected to recover gradually to its high long-term potential. 

 

ARUSI SINGH

PGDM 2ndSem