As the public investment is helping kick-start the investment cycle, World Bank confined its GDP growth projection for India
FY 2015-16 | 7.5% |
FY 2016-17 | 7.8% |
FY 2017-18 | 7.9% |
Whereas the projection by International Monetary Fund(IMF) is 7.3% this fiscal lower than projected by World Bank.
Some reform areas
- Rolling out Goods and Services Tax
- Battering asset quality of Banks
- Fixing service delivery by States and local bodies
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