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The Indian economy is likely to grow by an impressive 9.2 per cent in the financial year 2010-11, the Centre for Monitoring Indian Economy(CMIE), a think tank, said in its latest review today.
So far, real GDP has expanded by 8.9 per cent in the first-half of FY'11.
In the quarter ended March 2010, real GDP grew by a 8.6 per cent and in the subsequent quarters, improved further to 8.9 per cent in each quarter, CMIE said.
“The economy is expected to perform even better in the second—half of 2010—11. We expect real GDP to grow by 9.7 per cent during this period,” it said.
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