Narendra Modi, India's prime minister speaking during a news conference at Parliament House on the opening day of the Budget Session in New Delhi on Friday (Jan 31). India's Finance Minister Nirmala Sitharaman is scheduled to present the annual budget on Saturday, and is expected to outline measures to boost consumption in Asia’s third-largest economy. - AFP
MUMBAI: India's economy grew five per cent last year, its slowest expansion since the 2008 global financial crisis, official data showed Friday (Jan 31), underlining the challenges facing Prime Minister Narendra Modi's government.
But New Delhi said on Friday (Jan 31) it expected a recovery this year, pegging growth at 6.0 to 6.5% for the financial year 2020-21, as officials published an annual Economic Survey ahead of the full budget which will be released on Saturday.
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