New Delhi [India], Jan 29 (ANI): India’s Gross Domestic Product (GDP) growth for 2018-19 has been projected at 7 to 7.5 percent as per the Economic Survey 2017-18. Also Read - Motera— World's Biggest Cricket Ground—Renamed as Narendra Modi Stadium
The document, which was tabled in Lok Sabha today, noted that a series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19. Also Read - ‘Forgive My Mother’: 12-Year-Old Son of Death Row Convict Shabnam Urges President For Mercy
On a related note, the Economic Survey is an annual document of the Ministry of Finance, Government of India, and reviews the developments in the Indian economy over the previous 12 months, summarises the performance on major development programs, and highlights the policy initiatives of the government and the prospects of the economy in the short to medium term. Also Read - New Delhi, Goa and Mumbai Top Booked Destinations by Indians During Valentine’s Week
This document is presented to both houses of Parliament during the Budget Session.
Earlier, President Ram Nath Kovind’s addressed a joint sitting of the Lok Sabha and Rajya Sabha to mark the beginning of the Budget Session 2018.
The finance minister will present the Union Budget 2018 for the fiscal year 2018-19 on February 1. (ANI)
This is published unedited from the ANI feed.