India expecting 7.5 pc economic growth rate this year: PM Modi at BRICS Business Forum

Jun 22, 2022

New Delhi, June 22 (ANI): India is expecting a 7.5 per cent economic growth rate this year, said Prime Minister Narendra Modi on June 22 as he underlined the role of BRICS countries amid the global focus on post-COVID recovery. While addressing BRICS Business Forum PM Modi said, “BRICS was established with the belief that this group of emerging economies could emerge as engines of global growth. Today, when the world is focusing on post-COVID-19 recovery, the role of BRICS countries will be very important.” “To deal with the economic problems arising out of the pandemic, we adopted the mantra of Reform, Perform and Transform in India and the result of this approach is evident from the performance of the Indian economy. This year we are expecting 7.5 per cent growth which makes us the fastest-growing major economy,” PM added.