Enthused by the noteworthy numbers for 2015-16, as against 7.2 percent in past financial, the administration said the development rate can go up to 8 percent in the current monetary on the back of good storm.
The ranch area additionally bounced back to the development zone, as against a withdrawal in earlier year, in spite of the fact that the rate of extension was low at 1.2 percent in 2015-16.
The business commended the numbers and communicated trust that better rainstorm and further changes will grow the economy at even a speedier pace.
As indicated by the information discharged by the Focal Insights Office (CSO) today, the development in assembling and homestead parts amid the final quarter quickened to 9.3 percent and 2.3 percent, separately.
The center division information in April too showed energy in the financial movement as it developed at rate of 8.5 percent in the month, the most noteworthy in the most recent four years.
Remarking on Gross domestic product numbers, Financial Issues Secretary Shaktikanta Das said India can move towards 8 for each penny development with better farming generation.
"The different measures that the administration has been taking in the last couple of years is starting to show results and in general there are greenshoots...this year ideally with great storm we ought to take a gander at a development more like 8 for each penny," he said.
Fund Secretary Ashok Lavasa said, "We ought to work towards seeing this (Gross domestic product development) number develop. We are concentrating on capital spending in infra and social spending."
"Development rate in the fourth quarter of 2015-16 at 7.9 percent practically hits the otherworldly 8 percent mark. Great days ahead," NITI Aayog Bad habit Director Arvind Panagariya tweeted.
The CSO has additionally reconsidered the Gross domestic product development rate for past quarters of 2015-16 - 7.5 percent for April-June, 7.6 percent for July-September and 7.2 percent for October-December.
The ranch area additionally bounced back to the development zone, as against a withdrawal in earlier year, in spite of the fact that the rate of extension was low at 1.2 percent in 2015-16.
The business commended the numbers and communicated trust that better rainstorm and further changes will grow the economy at even a speedier pace.
As indicated by the information discharged by the Focal Insights Office (CSO) today, the development in assembling and homestead parts amid the final quarter quickened to 9.3 percent and 2.3 percent, separately.
The center division information in April too showed energy in the financial movement as it developed at rate of 8.5 percent in the month, the most noteworthy in the most recent four years.
Remarking on Gross domestic product numbers, Financial Issues Secretary Shaktikanta Das said India can move towards 8 for each penny development with better farming generation.
"The different measures that the administration has been taking in the last couple of years is starting to show results and in general there are greenshoots...this year ideally with great storm we ought to take a gander at a development more like 8 for each penny," he said.
Fund Secretary Ashok Lavasa said, "We ought to work towards seeing this (Gross domestic product development) number develop. We are concentrating on capital spending in infra and social spending."
"Development rate in the fourth quarter of 2015-16 at 7.9 percent practically hits the otherworldly 8 percent mark. Great days ahead," NITI Aayog Bad habit Director Arvind Panagariya tweeted.
The CSO has additionally reconsidered the Gross domestic product development rate for past quarters of 2015-16 - 7.5 percent for April-June, 7.6 percent for July-September and 7.2 percent for October-December.
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