TNPSC Thervupettagam

India set to achieve 7.4% growth in 2017: ADB report

July 21 , 2017 2694 days 1607 0
India’s economy is set to grow at 7.4% in the current fiscal year 2017-18 against 7.1% in the previous year, on the back of pick-up in consumption demand and higher public investment.Additionally,ADB projected inflation to accelerate to 5.2% in 2017-18 and 5.4% in 2018-19 as the global economy recovers and commodity prices rebound.

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