Indian economy to grow at over 5 percent in 2013/14 - official

Reuters

NEW DELHI (Reuters) - The economy will grow at more than 5 percent in the current financial year ending in March 2014, Economic Affairs Secretary Arvind Mayaram said on Tuesday.

"It will be more than 5 percent. It cannot be less than 5 percent," Mayaram told reporters.

Mayaram also said as of now, a shutdown of the U.S. government is not likely to have a major impact on the Indian economy.

"As of today, I don't see any major impact on the Indian economy on that account."

(Reporting by Manoj Kumar; Writing by Anurag Kotoky; Editing by Prateek Chatterjee)

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