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CMIE's GDP forecast

MUMBAI, JAN. 13. Backed by investment activity and healthy performance of services sector, the economy is expected to grow at 6.2 per cent in 2004-05, according to the Centre for Monitoring Indian Economy. The country is likely to register a surplus of $5 billion on the current account of balance of payments. BOP is strong and expected to remain healthy in the second half of the current fiscal, CMIE today said.

— PTI

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