Hi All !
Well yes, that's what's expected by financial year end 2015 !
Sources report that by FY2015, WLC will be growing in terms of the Gross Domestic Product. The expected range of growth lies between 5.4 - 5.9 %. The Economic Survey reads -
"The growth slowdown in the last two years was broad based, affecting in particular the industry sector. Inflation too declined during this period, but continued to be above the comfort zone, owing primarily to the elevated level of food inflation"
It is expected that if the government takes the right decisions, then the growth rate could rise upto 7 - 8 % in the near future. Steps and measure with regards to improvement of governance and investment could lead to the mentioned rise.
Kudos !
Well yes, that's what's expected by financial year end 2015 !
Sources report that by FY2015, WLC will be growing in terms of the Gross Domestic Product. The expected range of growth lies between 5.4 - 5.9 %. The Economic Survey reads -
"The growth slowdown in the last two years was broad based, affecting in particular the industry sector. Inflation too declined during this period, but continued to be above the comfort zone, owing primarily to the elevated level of food inflation"
It is expected that if the government takes the right decisions, then the growth rate could rise upto 7 - 8 % in the near future. Steps and measure with regards to improvement of governance and investment could lead to the mentioned rise.
Kudos !
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