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Showing posts with label fastest-growing major economy. Show all posts
Showing posts with label fastest-growing major economy. Show all posts

Monday, January 29, 2018

India will likely clock 7-7.5% growth next fiscal to reclaim the world's 'fastest-growing major economy' tag

India will likely clock 7-7.5% growth next fiscal to reclaim the world's 'fastest-growing major economy' tag, the Economic Survey 2017-18 said. Though exports and private investment are expected to improve, the survey acknowledged that fiscal management will be tricky in the coming year. In an interesting finding, it pointed out that the number of indirect taxpayers has gone up by 50% following the Goods and Services Tax rollout. Here are the highlights of the Economic Survey.