Latest Projections for India’s Growth rates

1. RBI has projected that India’s economy is expected to grow by 6 per cent. This is broadly in harmony with GDP growth in the first quarter of 2009-10 (6.1 per cent), as per RBI deputy governor Usha Thorat.
2. Minister’s Economic Advisory Council Chairman C Rangarajan has prohjected the growth rate of 6 to 6.5 per cent.
3. UNCTAD (United Nations Conference on Trade and Development) has projected growth rate of 5% for India for the current fiscal.
4. IMF had recently projected global growth to contract by 1.4 per cent.