A United Nation announcement indicates that India’s growth in the economy in the year 2017 will be 7.6 percent.The World Bank has released an analysis report on the world economy.
In this report, it is mentioned that the expected growth of the economy in India for the year 2017 will be 7.6 percent.
This growth is deemed to be the reflection of the measures taken by the present central government on different issues such as Goods and Services Tax and strengthened production base.
In a study conducted during January 2016, it was reported that the economic growth in India will be 7.8 percent. However, after the current review, it is now estimated at 7.6 percent.
However, the World Bank report reckons that the economic growth rate of India will be higher than many other countries in the world.