Last Updated : Oct 18 2018 3:22PM     Screen Reader Access
News Highlights
Government clarifies that mobile numbers acquired through Aadhaar cards will not be disconnected            Kerala: Protest against the entry of women of all ages in the Ayyappa temple in Sabarimala intensifies            Bhutan: Polling is underway for third general elections            PM Modi to join a flag-hoisting ceremony at Red Fort on Sunday to mark 75th anniversary of Azad Hind government            Akash Malik becomes first Indian archer to clinch silver medal at Youth Olympic Games           

National News

Jun 08, 2018
6:33PM

India's GDP growth is likely to cross eight per cent in the next two years: Commerce Minister Suresh Prabhu

Commerce Minister Suresh Prabhu today said India's GDP growth is likely to cross eight per cent in the next two years. 

He said, the government is taking a number of steps including formulation of a new industrial policy to double the economy's size to five trillion dollars in 7 to 8 years. 

India's GDP grew at the fastest pace in seven quarters at 7.7 per cent in the January-March quarter of last fiscal, retaining the fastest growing major economy tag on robust performance by manufacturing and service sectors as well as good farm output. 
On yearly basis, however, it grew at a four-year low of 6.7 per cent in 2017-18, down from 7.1 per cent in the previous fiscal. Mr Prabhu said that to facilitate the eight per cent potential growth, the government is working on several areas. 

On his US visit next week, Mr Prabhu said that he would meet his counterpart and industry leaders and raise India's concerns about tightening visa regime in the US and its impact on Indian IT sector. 

On the proposed mega trade deal - Regional Comprehensive Economic Partnership, he said India is actively engaged in the negotiations and also hold bilateral talks with member countries including China, Australia and New Zealand.

   Related News

Live Twitter Feed

Listen News

  • Morning News 18 (Oct)
  • Midday News 18 (Oct)
  • News at Nine 17 (Oct)
  • Hourly 18 (Oct) (1500hrs)
  • समाचार प्रभात 18 (Oct)
  • दोपहर समाचार 18 (Oct)
  • समाचार संध्या 17 (Oct)
  • प्रति घंटा समाचार 18 (Oct) (1305hrs)
  • Khabarnama (Mor) 18 (Oct)
  • Khabrein(Day) 18 (Oct)
  • Khabrein(Eve) 17 (Oct)
  • Aaj Savere 18 (Oct)
  • Parikrama 17 (Oct)
  • Lok Ruchi Samachar 14 (Oct)

Listen Programs

  • Market Mantra 17 (Oct)
  • Samayki 17 (Oct)
  • Sports Scan 17 (Oct)
  • Spotlight/News Analysis 17 (Oct)
  • Public Speak
  • Country wide 11 (Oct)
  • Surkhiyon Mein 11 (Oct)
  • Charcha Ka Vishai Ha 17 (Oct)
  • Vaad-Samvaad 16 (Oct)
  • Money Talk 16 (Oct)
  • Current Affairs 12 (Oct)

 

 

 

 

× All donations towards the Prime Minister's National Relief Fund(PMNRF) and the National Defence Fund(NDF) are notified for 100% deduction from taxable income under Section 80G of the Income Tax Act,1961""