Budget 2016: Economic Survey pegs FY17 GDP growth at 7-7.75%

The #EconomicSurvey2016 , tabled in Parliament by Finance Minister Arun Jaitley on Friday, pegged India’s gross domestic product (GDP) to grow by 7-7.75 per cent next financial over this year. The upper part of the range  given in the Survey is slightly higher than the 7.6 per cent, officially pegged for the current financial year, while the lower part is way down.

The Survey was hopeful that the economy could clock eight per cent economic growth in a couple of years due to reform measures initiated by the government.