Economy turning around; GDP to exceed 6 pc: PM

May 22, 2013 21:34

Indicating that the worst may be over for the Indian economy, Prime Minister Manmohan Singh today said the economic situation is turning around, with inflation coming under control and the GDP growth likely to exceed six percent in the current fiscal.

Speaking on the fourth anniversary celebrations of UPA-II government, Dr Singh said 8 per cent growth rate would be possible if the Congress-led coalition is voted to power again next year.

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