LATEST FLASH NEWS.....PM Modi, Israeli PM Netanyahu dedicate iCreate to the nation///राज्यसभा की 6 व विप की 11 सीटों पर अप्रैल मई में चुनाव, ///Rajnath Singh reviews progress of Cyber & Information Security //Thinking of organising mini-ministerial of WTO members: Prabhu///भारत-इजरायल का भाईचारा, मोदी बोले- शलोम, नेतन्याहू बोले-जय हंिदू///Radha Mohan Singh launched software to collect data for 20th Livestock Census.////Modi Govt brought Space technology to every Indian household: Dr Jitendra Singh///President presents Sangeet Natak Akademi’s fellowships and Akademi Awards ////Raksha Mantri takes to Skies in an IAF Su-30 MKI///आतंकवाद के खिलाफ वह अब बहुत ज्यादा सहन करने को तैयार नहीं -सुषमा स्वराज

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World Bank praises Narendra Modi government,
Washington: With an "ambitious government undertaking comprehensive reforms", India has "enormous growth potential" compared to other emerging economies, the World Bank said on Tuesday, as it projected country's growth rate to 7.3 per cent in 2018 and 7.5 for the next two years.
India, despite initial setbacks from demonetisation and Goods and Services Tax (GST), is estimated to have grown at 6.7 per cent in 2017, according to the 2018 Global Economics Prospect released by the World Bank here.
"In all likelihood India is going to register higher growth rate than other major emerging market economies in the next decade. So, I wouldn't focus on the short-term numbers. I would look at the big picture for India and big picture is telling us that it has enormous potential," Ayhan Kose, Director, Development Prospects Group, World Bank, told a agency.
He said in comparison with China, which is slowing, the World Bank is expecting India to gradually accelerate.
"The growth numbers of the past three years were very healthy," Kose, author of the report, said.
In 2017, China grew at 6.8 per cent, 0.1 per cent more than that of India, while in 2018, its growth rate is projected at 6.4 per cent. And in the next two years, the country's growth rate will drop marginally to 6.3 and 6.2 per cent, respectively.(Updated on January 9th, 2018)