Economic Scenario of India in 2016 – Indian Economy Forecast – Expecting Higher GDP Growth till 2017

As per a recent report by The World Bank, ahead of China, India is set to emerge as a growing major economy by 2016.  The Gross Domestic Product (GDP) of India is expected to grow at 7.9% as per the reports by CRISIL, for the FY 2016-17.   The World Bank forecast is also reflects higher GDP growth of 7.9% and 8.0% for the years 2016 and 2017.  The improvement in India’s economic fundamentals has accelerated in the year 2015 with the combined impact of strong government reforms, RBI's inflation Read more [...]