India's GDP to grow at 8pc, says Jaitley

By Reuters, New Delhi
25 September 2018, 18:00 PM
UPDATED 26 September 2018, 00:00 AM
Finance Minister Arun Jaitley said on Tuesday he expects India's economy to sustain an annual growth rate of around 8 percent on the back of measures taken by the government such as a unified tax code and a new bankruptcy law.

Finance Minister Arun Jaitley said on Tuesday he expects India's economy to sustain an annual growth rate of around 8 percent on the back of measures taken by the government such as a unified tax code and a new bankruptcy law.

But he said India needs to assess the efficiency of its debt recovery tribunals for quicker decisions.