India may NOT return to 8 pc growth: IMF

October 09, 2013 15:30

Emerging economies including India may not be able to return to growth rates of 8 per cent and more under present circumstances and neither would it be advisable for them, an IMF official has said.

"The 8 per cent growth in large part was because of the stimulus many emerging markets gave in order to prevent the major negative spillover from advanced countries," said Rupa Duttagupta, deputy chief of the World Economic Outlook Division of the IMF.

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