The Indian economy would grow to $1.72 trillion in 2011-12, moving closer towards the $2 trillion mark, according to an assessment by the Prime Minister's Economic Advisory Council.
The country's gross domestic product at the market and current prices was measured at $1.31 trillion in 2009-10 and is estimated to be $1.52 trillion in the current fiscal, the PMEAC said in its latest economic outlook.
Pegging the GDP growth at nine per cent, the economy would reach a level of $1.72 trillion in 2011-12, it said. If the nine per cent growth trend is maintained, India would become $two trillion economy in 2013-14 fiscal.
The country's gross domestic product at the market and current prices was measured at $1.31 trillion in 2009-10 and is estimated to be $1.52 trillion in the current fiscal, the PMEAC said in its latest economic outlook.
Pegging the GDP growth at nine per cent, the economy would reach a level of $1.72 trillion in 2011-12, it said. If the nine per cent growth trend is maintained, India would become $two trillion economy in 2013-14 fiscal.
