Reserve Bank expects India economic growth rate to grow at 7.4 %

Mumbai-RBI expects that country’s economic growth rate to grow at 7.4 per cent in the current financial year on pick up in industrial activity and good monsoon.Reserve Bank of India releasing its annual report in Mumbai said due to the evolving economic conditions, real GDP growth for 2018-19 is expected to increase to 7.4 per cent from 6.7 percent in the previous year.