-The Economic Times
NEW DELHI: India is poised to become the world’s fastest-growing major economy, possibly overtaking a slowing China this year itself, according to data released by the statistics office on Monday. But the numbers, based on a new series, seem to have intensified the bewilderment among experts who see little evidence of such a sharp growth surge.
"The numbers are quite puzzling," said Soumya Kanti Ghosh, chief economic advisor, State Bank of India. "They do not seem to be matching up with the indicators on the ground."
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