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India's growth rate estimated at 5.6% in FY15, says FinMin official

The latest estimate is marginally higher than the 5.5-per cent growth projected by the Reserve Bank of India (RBI) for the financial year ending March 31, 2015.

Manoj Kumar   New Delhi     Last Updated: January 21, 2015  | 12:07 IST
FinMin forecasts economic growth at 5.6% in FY15
Photo for representation purposes only. (Source: Reuters)

The economy is expected to grow around an annual 5.6 per cent in the current 2014-15 financial year, a top finance ministry official said on Tuesday.

The official declined to be named.

The latest estimate is marginally higher than the 5.5-per cent growth projected by the Reserve Bank of India (RBI) for the financial year ending March 31, 2015.

(Reuters)

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