India’s economic survey pegs GDP growth at 6.5-7 per cent
INDIA’S pre-Budget Economic Survey on Monday set a conservative growth forecast of 6.5 to 7 per cent for the current fiscal as it flagged the need for creating more jobs in the economy and backed more Chinese direct investments to boost exports.
The report, which is authored by the chief economic adviser’s office, favoured considering targeting inflation that excludes food, the prices of which are influenced more by supply than demand.