Achieving 7.5% GDP Growth Difficult This Year, Says Government | Read

PUBLISHED ON: August 11, 2017 | Duration: 7 min, 25 sec

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There are downside risks to achieving the higher end of the 6.75-7.5 per cent GDP or gross domestic product growth forecast for the fiscal year to March 2018, the finance ministry said in its mid-year Economic Survey, which was tabled in Parliament today. The Economic Survey is a report card of the country's financial health. The Survey noted risks to GDP growth from rupee appreciation, farm loan waivers, increasing stress to balance sheets in power, telecommunications, agricultural stress, and the transitional challenges from implementation of GST.
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