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The present Mid-Year Review of the Indian economy is strategically timed to provide a critical analysis of trends in the current fiscal year before budget preparations for the next year get underway. It attempts to analyse the economy’s present cyclical position against the background of performance over the last decade. The medium-term projections provide a real GDP growth of 6 percent, well below the target for the Tenth Five-Year Plan. The forecast for the ...
The India international centre's annual mid-year review of the Indian economy is strategically timed to permit analysis of trends in the current fiscal year before budget preparations for the next year get underway. This year's review comes at a time when both the Indian and the world economic scenario look distinctly more upbeat than a year ago. The Indian economy is among the few large economies witnessing reasonable growth. As the review shows, the GDP, after ...