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Economic growth

News and Press Release - Dated:- 22-7-2016 - World Bank s Report on Global Economic Prospects, published in June 2016, projected that India s growth will be 7.6 per cent in 2016-17 and will improve to 7.7 per cent in 2017-18. The International Monetary Fund (IMF), in its World Economic Outlook (WEO), published in July 2016, has projected that India will grow by 7.4 per cent in 2016-17, which would be one of the highest growth among the major world economies. India s growth is projected by the IM .....

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orms, including new bankruptcy laws, should support a pickup in private investment. There is a broad consensus that the Goods and Services Tax is a major reform initiative that will subsume several indirect taxes eliminating their cascading impact, help widen the tax base, integrate the goods and services market and thereby yield higher growth. Hence, the passing of the Goods and Services Tax Bill will pave the way for an improvement in the overall economic outcome. The Government of India has t .....

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