YEREVAN 16 C°
RA CB:
  • USD - 396.02 AMD +0.02 EUR - 431.27 AMD +0.27 RUB - 5.71 AMD +0.71 GBP - 490.04 AMD +0.04
  • GOLD - - AMD SILVER - - AMD PLATINUM - - AMD

India's Economic Growth Higher than China’s

India’s annual growth is predicted to be more than 8 percent, which is higher than China’s (7 percent for the first quire of 2015). It is the second year that Indian government records successes in the economy planning, FinancialTimes reports.

In fact the growth rate and job creation of India are much faster, the total deficit is under control and the current account deficit has never been as good as it is now.

The government has pledged to push a more confident agenda towards bankruptcy law in order to encourage private investments and it is planning to pump billions of dollars into irrigation, roads and any project that will help to develop rural economy.

Other materials on this subject


Most read

day

week

month

    Weather
    Yerevan
    sunny
    Humidity: 27%
    Wind: 1.03 km/h
    16 C°
     
    20°  10° 
    30.03.2024
    20°  10° 
    31.03.2024