India’s economy is set to grow between 7-7.5 per cent in the 2018-19 (April-March) with exports and private investment poised for a rebound, the Economic Survey said on Monday.
The Economic Survey, which sets the stage for Finance Minister Arun Jaitley’s annual budget on Thursday (February 1), forecast that economic management will be challenging in the coming year.
The survey was prepared by the finance ministry’s Chief Economic Adviser (CEA) Arvind Subramanian, who estimates that gross domestic product will have grown 6.75 per cent in the current fiscal year ending in March.
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