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India Expected Actual Growth Rate as Per Ernst & Young’s Quarterly Rapid Growth Markets Forecast (RGMF) Release

If you are one of those who do not believe the growth forecasts projected by Finance Minister in Budget 2012, than get to know real growth rate of India which is likely to be grow at 6.1 percent in 2012.

This data has been released by Ernst & Young’s quarterly Rapid Growth Markets Forecast (RGMF) report. However it is optimistic on India ahead as it expects a strong recovery in investment, which will help lift overall GDP growth over 9 percent by 2014. However it is skeptical that this growth rate can be achieved provided global conditions do not deteriorate

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