Arun Jaitley says will reassess GDP forecast for 2015/16

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Reuters NEW DELHI
Last Updated : Sep 29 2015 | 1:07 PM IST

NEW DELHI (Reuters) - Finance Minister Arun Jaitley said on Tuesday he would reassess the official gross domestic product forecast for Asia's third-largest economy in the current fiscal year that ends next March.

The government now forecasts that the economy would achieve real growth of around 8 percent in the 2015/16 fiscal year. The pace of growth slowed by more than expected to 7 percent in the quarter to June.

(Reporting by Manoj Kumar; Writing by Malini Menon; Editing by Douglas Busvine)

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First Published: Sep 29 2015 | 12:59 PM IST

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