FY15 GDP growth seen around 7.4%.
Scope for big bang reforms.
Inflation showing declining trend in FY15.
Govt remains committed to fiscal consolidation.
FY16 GDP growth forecast seen around 8.1-8.5%.
Double digit eco growth now a possibility.
Raitionalisation of food subsidies need more effort.
FY16 retail inflation seen in the range of 5-5.5%.
Current Account Deficit pegged at 1.3% of GDP for FY15.
Need to monitor risks from US monetary policy easing.
Enhance revenue generation a priority for the government.
Scope for big bang reforms.
Inflation showing declining trend in FY15.
Govt remains committed to fiscal consolidation.
FY16 GDP growth forecast seen around 8.1-8.5%.
Double digit eco growth now a possibility.
Raitionalisation of food subsidies need more effort.
FY16 retail inflation seen in the range of 5-5.5%.
Current Account Deficit pegged at 1.3% of GDP for FY15.
Need to monitor risks from US monetary policy easing.
Enhance revenue generation a priority for the government.
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