the growth rate of indian economy is 5. 8 %.
what is the growth rate of indian economy?
5. 8 %
morocco instituted a series of development plans to modernize the economy and increase production during the 1960s. net investment under the five-year plan for 1960 to 1964 was about $1.3 billion. the plan called for a growth rate of 6.2%, but by 1964 the growth rate had only reached 3%. a new three-year plan (1965 to 1967) targeted an annual growth rate of 3.7%. the plan emphasized the development and modernization of morocco's agricultural sector. the five-year development plan for 1968 to 1972 called for increased agriculture and irrigation. the development of the tourist industry also figured prominently in the plan. the objective was to attain an annual 5% growth rate in gdp; the real growth rate actually exceeded 6%.
economic history of morocco
in 1991, singh as finance minister, freed india from the licence raj, source of slow economic growth and corruption in the indian economy for decades. he liberalised the indian economy, allowing it to speed up development dramatically. during his term as prime minister, singh continued to encourage growth in the indian market, enjoying widespread success in these matters. singh, along with the former finance minister, p. chidambaram, has presided over a period where the indian economy has grown with an 8–9% economic growth rate. in 2007, india achieved its highest gdp growth rate of 9% and became the second fastest growing major economy in the world.
manmohan singh