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Economic Survey pegs growth at 7-7.5 percent for 2016-17

Economic Survey pegs growth at 7-7.5 percent for 2016-17

New Delhi, Feb 26 (IANS) The Economic Survey for 2015-16 tabled in parliament on Friday pegged India's growth for the next fiscal at 7-7.5 percent.

For the current fiscal, the survey estimated the GDP growth at 7.6 percent.

Authored by Chief Economic Advisor in the Finance Ministry Arvind Subramanian, the survey said: "India's long run potential GDP growth is substantial, about 8-10 percent."

 

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