India PM sees 7 pct economic growth despite global worries
1/9/2012 11:34:20 AM
NEW DELHI: India's Prime Minister said on Sunday that the economy would likely withstand an uncertain external environment to grow about 7 percent this fiscal year, lower than a revised forecast of about 7.5 percent growth issued by his government last month.
However, Manmohan Singh said India's high domestic savings would help achieve a 9-10 percent growth rate in the medium-term.
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