According to a United Nation's report released today, the Indian Economy is projected to grow at 8.3 percent in 2010-2011. Growth in investment, private consumption, exports and industrial production has contributed to the revival of the economy which grew at 7.2 percent in the recession hit 2009. This recovery is remarkable given the fact that agricultural output declined by 0.2 percent during the period. The report titled Economic and Social Survey of Asia and Pacific 2010 highlights rising food inflation, widespread poverty and inadequate physical infrastructure as the major challenges faced by India today.
News On AIR | May 6, 2010 2:17 PM
Indian Economy to grow at 8.3% in 2010-2011