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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