GDP to exceed 7.3% in this fiscal, to go higher next yr: FM Jaitley

The economic growth is expected to exceed 7.3 per cent in the current fiscal year and go higher still in the next one, Finance Minister Arun Jaitley said on Monday.

"(The) Indian economy is expected to grow better than 7.3 per cent - the level achieved last fiscal year - and at an even higher level next year," Jaitley told an investment forum in Dubai.

The growth would come despite Jaitley noting that rural demand had been impacted by lower rains in the last two years.