India’s economy actually touched the magical 10% mark in 2006-07, says report


Achieving a double-digit growth rate has been a long-cherished goal for the Indian economy. If the current Gross Domestic Product (GDP) series, which has 2011-12 as its base year, were to be extended backwards, the Indian economy may have actually achieved this feat in 2006-07, with annual growth of Gross Value Added (GVA) at factor cost reaching 10.08%.
Read more at Hindustan Times

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