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                  India's Economic Growth Slowest in A Decade

   by VOA News

   Economic officials said India's economic growth fell to its slowest
   pace in a decade for the latest fiscal year.
   India's statistics ministry released data Friday that showed growth
   stood at 5 percent for the 12-month period ending March 31, far below
   the 8 percent growth the country has averaged over the past 10 years.
   Analysts said low business confidence, slumping investment, high
   inflation and failures to act on planned reforms are to blame for the
   bleak performance.
   Prime Minister Manmohan Singh and the ruling Congress party have been
   plagued by corruption scandals, prompting opposition parties to hold up
   economic reforms that could spark an economic rebound.
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   [1]http://www.voanews.com/content/indias-economic-growth-slowest-in-a-d
   ecade/1672014.html

References

   1. http://www.voanews.com/content/indias-economic-growth-slowest-in-a-decade/1672014.html