December, marginally below expectations but faster than in the previous quarter on the back of increased government and consumer spending, data released on Friday showed. The growth in gross domestic product was slightly lower than the 6.

A report by the World Bank stated that India will need to accelerate reforms to achieve an average annual growth rate of 7.8 per cent for becoming a high-income economy by 2047.

Indias economic growth is expected to have rebounded in the October-December quarter, driven by improved rural demand and increased government spending. The economy, which slowed to 5.4% GDP growth in July-September,