Modi reforms to accelerate Indias growth to 6.4% in 2015: World Bank
Sai Nikesh D | The Dollar Business India has three things to its credit – Democracy, Demography and Demand, said PM Modi at the Summit Showering praise on Prime Minister Narendra Modi’s economic policies, the World Bank has said that economic reforms in India are expected to drive its economic growth from 5.5% in 2014 to over 6.4% this year and to a higher growth rate next year. Speaking at the “7th Vibrant Gujarat 2015” conference, Jim Yong Kim, World Bank Group President, said that Modi’s reforms such as “Make in India”, Goods and Services Tax (GST), phasing out of diesel subsidies and steps to create a more inclusive society, are likely to place India among the world’s fastest ...
