What is the India’s GDP growth forecast for FY 17, as per the Reserve Bank of India (RBI)’s latest annual report 2015-16?
What is the India’s GDP growth forecast for FY 17, as per the Reserve Bank of India (RBI)’s latest annual report 2015-16?
[A]7.8 %
[B]7.9 %
[C]8.0 %
[D]7.6 %
7.6 %
As per the Reserve Bank of India (RBI)’s annual report 2015-16, India’s GDP growth forecast for FY 17 is 7.6 %. The report highlights that the passage of Goods and Services Tax (GST) Bill will mark a new era in co-operative fiscal federalism and a growing political consensus for economic reforms.