Econintersect – Sanjeev Kulkarni has run the numbers and foresees the possibilty of 10% real GDP growth for india this year.
The Indian financial year runs from April through March so the first two quarters are in: 8.0% for Q1 and 9.3% for Q2. To reach 10% for the year, the second half must average 11.4% real GDP growth. Among the indicators that Kulkarni sees for higher growth are soaring investment and tax numbers and declining inflation. Read more…..