6-mth of FY’2017 NEW DElHI: India’s economy grew at 7.1 per cent in the first six months of the current financial year despite subdued growth in the world economy, Union Minister Nirmala Sitharaman said on Monday. Noting that the Government has been taking steps to boost industrial production and growth, she said the country’s economy grew 7.1 per cent during April-September period of current fiscal which ends on March 31, 2017.
“Despite subdued growth in the world economy, India has maintained a GDP growth rate of 7.2 per cent in 2014-15, 7.6 per cent in 2015-16 and 7.1 per cent during April to September of 2016-17,” the Commerce and Industry Minister said in a written reply during Question Hour in the lok Sabha.