World Bank Announcement Of India Economic Growth!

• The world bank projected the economic growth rate of 5.7 percent in fiscal year 2014.
• Another multilateral agency IMF had yesterday forecast that Indian economy would recover from 4.4 percent growth in 2013 to 5.4 percent in 2014.

• “bolstered by permanently more competitive exchange rate and progress towards clearance of important investment projects, india may see an acceleration of growth in fiscal year 2014 to 4.8 percent, further increase to 5.7 percent in fiscal year 2015.”the world bank said.