Mumbai: India’s economic growth is likely to be in the range of 6.1 to 6.3 per cent in the second quarter, helping the country achieve 7 per cent growth rate in the current fiscal, said an article published in the Reserve Bank’s bulletin released on Friday.
The National Statistical Office (NSO) will be releasing the growth estimates of Gross Domestic Product (GDP) for the July-September quarter on November 30.
The article titled ‘State of the Economy’, written by a team led by RBI Deputy Governor Michael Debabrata Patra, also said recent global developments have thrown up both risks and opportunities.