Search
World Bank Estimates 7.2% Growth of Indian Economy, Believes GST to have Positive Impact
April 24, 2017
The World Bank has released a report recently, according to which Indian Economy will reflect a 7.2% growth this fiscal, and growing further will reach a 7.5% the next financial year. This will be an impressive jump as the economy saw a minor setback during the demonetization phase.
According to the report, India’s inflation and fiscal conditions will remain stable in the coming times, and it’s a good idea to continue consolidating in moderation. However, the private investment will continue to face obstacles such as financial sector stress, policy changes, corporate debt overhang, etc.
