File photo: Ramesh Pathania/MintNew Delhi: Achieving a double-digit economic growth for India in current global scenario is difficult but the country is on path to clock 8% plus expansion by 2020-21, a top finance ministry official said. So we might see some 8% plus growth quarter next fiscal,” Subhash Chandra Garg, the department of economic affairs secretary (DEA) told PTI. When asked by when India could move into a double digit growth trajectory, Garg said it is difficult as the growth in the global economy is not that high. Global growth is 3.5-4%, he said. Exports growth depend on the ability of the global economy to absorb imports.

Source: Mint February 04, 2018 06:56 UTC