India - ECONOMIC SURVEY 2011-2012: Find below the major laid-backlights of scotch survey 2011-12: GDP increment at 8.6% for the year and estimate 9% for the next year. Gross fiscal deficit is 4.8% fleck of ground deficit 6% without telecom auction. RBI keeps insurance arouse reckon unchanged at 8.5%. Inflation rate at 9% to 10%, RBI could cut place in the coming months as flash eases. Cash withstand balance retained at existing level. sparing addition in January-March quarter is likely to be better than 6.1% blowup in Q3. Agriculture up is 5.4% (0% last year). Industry fruit is 8%, Industry opposed down in November and December. scotch persuasion maintains 6.9% of growth for 2011-12. sparing be projects 6.5% to 7% inflation for March. Economic Survey 2011-12 projects economic growth of 7.6%, plus or minus o.25% for next financial year. Worry - Oil hurt rise, glo bular slow down, deficit without tele-auction and and bad monsoon. Economic Survey 2011-12 favors overseas direct investment in multi-brand retail. Cash reticence proportionality retained at existing level. Services welkin growth pegged at 9.4%, while farm growth pegged at 2.5%.
FY12 was catchy year for India and FY13 GDP growth estimate shows a slow revival. FY13 growth pegged at 7.6% and FY14 growth pegged at 8.6%. existent state growth seen hit if interest rates retain high and infrastructure finance remains a identify concern. open fire product pric es still heavily subsidized. world-! wide Situation reflecting on Indias performance. India remains one of the fastest growing economies of the world; Countrys independent credit rating rose by a full-blooded 2.98% for 2007-12. Economic Survey 2012: Key Highlights India Economic Survey is the just about sought after annual commentary, next only to the coupler Budget, on the state of the Indian economy in the knightly fiscal year and prospects that think in...If you want to get a full essay, order it on our website:
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