Thursday, January 13, 2011

Like China, India emerged largely unscathed from the impact of global financial meltdown to grow at an impressive 6.7 per cent in 2008-09. This was a performance that ranked second only to China’s: although lower than the 9 per cent growth achieved in the three years immediately before. In 2009-10, the growth rate was 7.2 per cent and it appears likely to be over 8 per cent in 2010-11. (East Asia Forum)
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