Economic Growth In India

14:39     27 February, 2015

On Friday the Indian government published a report which says, that the country can increase public investment to drive growth without borrowing more money, Reuters reports.

The economic survey forecast 8.1-8.5 percent economic growth under the fiscal year that will start on April 1. The survey predicted double-digit economic growth, which will give chance to Prime Minister Narendra Modi more funds for investment. India can balance the short-term crucial boost of public investment to refresh growth with fiscal policy. Behind the economic goals is a clear mandate of reform.


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