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Nominal GDP growth seen at 11-12 pct in 2015/16

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Reuters NEW DELHI
Last Updated : Feb 28 2015 | 3:07 PM IST

NEW DELHI (Reuters) - India's nominal economic growth is expected to be between 11-12 percent in the year that begins in April, Minister of State for Finance Jayant Sinha said on Saturday.

Nominal economic growth figures are not adjusted for inflation. New Delhi estimates real, inflation-adjusted growth for the year to be between 8 and 8.5 percent.

(Reporting by Rajesh Kumar Singh; Editing by Douglas Busvine)

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First Published: Feb 28 2015 | 2:51 PM IST

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