India’s GDP projected to grow 7.4% in 2017-18: FICCI survey

In a survey conducted during March and April 2017, FICCI predicted India’s gross domestic product (GDP) growth will be around 7.4% for fiscal 2017-18, with a minimum and maximum level of 7% and 7.6% respectively.

Agricultural sector is estimated to clock 3.5% growth in 2017-18, the pick-up in overall GDP growth will also be supported by an improvement in industry and services sector growth. The industry and services sector are expected to grow by 6.9% and 8.4% respectively in 2017-18.

Important Takeaways from above News for BOB PO Exam-
  • FICCI full form is Federation of Indian Chambers of Commerce and Industry
  • FICCI President is Pankaj R. Patel.
Source- The Economic Times

If you have any other takeaways, do share with us in the comment section

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