Expressing optimism towards country’s economic growth, the World Bank’s India Head, Onno Ruhl said that the growth in the economic scenarios of the country might continue. Commenting on the 4.8 per cent economic growth in the second quarter he said, “If we look at the numbers, it clearly shows that we are trending up. That’s really what we are hoping for.”
As per the latest Government data, country’s second quarter economic growth expanded to 4.8 per cent during July-September quarter in the current financial year as compared to 4.4 per cent during April-June quarter of FY13.
Talking about the immense growth potential, Ruhl said, “I think the key for India is to recognise that India itself can do a lot and I think the Q2 GDP results we just had, shows that is actually possible.” Talking on the sidelines of an event organised by Confederation of Indian Industry (CII), he further added that the World Bank encouraged by the signs of recovery in exports, agriculture and service sectors.