Monday, May 12, 2014

Marc Faber on India economic growth predictions

A while ago, I thought India was still growing at 8 per cent-9 per cent according to published statistics. 

I think the statistics were overstating growth because they were understating the increase in cost of living and understating inflation. 

Now, going forward, I think if India can grow at 4 per cent-5 per cent per annum, that will be quite good.