7.2% Growth In GDP Is "Historic" Given Global Situation: Union Minister
NDTV
Morgan Stanley in its report said that India, under Prime Minister Narendra Modi, has transformed, gaining a position in the world order and becoming a key driver for Asia and global growth.
Commerce and Industry Minister Piyush Goyal on Thursday said a 7.2 per cent growth in GDP in 2022-23 is historic, given the current global economic situation, and going forward India would emerge as a developed nation in the next 25 years.
Commenting on Morgan Stanley's report, he said it reflects India's growing global image and fast economic growth.
India continues to maintain its streak of world-beating economic growth after GDP for the March quarter beat all expectations with a 6.1 per cent expansion that helped push the annual growth rate to 7.2 per cent.
Morgan Stanley in its report said that India, under Prime Minister Narendra Modi, has transformed, gaining a position in the world order and becoming a key driver for Asia and global growth.
