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India's economy to grow at 7-7.5% for FY17, 7 most important numbers of Indian economic health

India's economy to grow at 7-7.5% for FY17, 7 most important numbers of Indian economic health
Stock Market1 min read
Finance Minister Arun Jaitley presented the Economic Survey 2016, which will set the tone of the Indian economy.

Here are the key numbers from the Economic Survey 2015-16

1. India’s GDP growth seen at 7 to 7.5%
2. FY17 CPI inflation seen at 4.5-5%
3. Foreign exchange reserves have risen to US $ 349.6 (Jan-2016)
4. Services continues to be key driver; expected to be 9.2% in 2015-16
5. Economic Survey: 7th pay commision to have little impact on inflation
6. Current account deficit seen at 1-1.5% for 2016-17
7. Economic Survey projects more than 8% growth in next couple of years. India needs to focus on supplies for food security

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