Tag: india fiscal deficit
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India today is the world’s fastest growing economy having grown by 7.3% in the year to March. The International Monetary Fund has a forecast of 7.5% growth for the current fiscal. India’s fiscal deficit is at a seven year low. Low cost of India’s major imports have been the key contributors to a better looking fiscal deficit. The major question remains can India sustain this growth rate?
Read more about Growing India – the destination that continues to show growth