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India's 2014/15 GDP growth seen at around 5.5%: finance ministry report

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India's economy is expected to grow at around 5.5 per cent in the fiscal year to March 2015, the finance ministry said in a report tabled in parliament on Friday.

[NEW DELHI] India's economy is expected to grow at around 5.5 per cent in the fiscal year to March 2015, the finance ministry said in a report tabled in parliament on Friday.

If the forecast materialises, it would mark an improvement from two successive years of below 5 per cent growth.

In the first six months of the fiscal year, Asia's third-largest economy grew an annual 5.5 per cent.

REUTERS