Question

What was India's GDP growth prediction for FY$19$, according to $2018$ Economic Survey of India?

• A. $6.5$ to $7.25\%$
• B. $7$ to $7.5\%$
• C. $6.9$ to $7.2\%$
• D. $7.5$ to $8.0\%$

Answer 1

Answer: (B)

$7$ to $7.5\%$

The Economic Survey 2017-18 was tabled by Union Finance Minister Arun Jaitley in Parliament on January 29, 2018. The survey had predicted 7 to 7.5% of Indias GDP growth in FY 2018-19. It said that a series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75% this fiscal and will rise to 7.0 to 7.5% in 2018-19. It stated that the employment, education and agriculture will be the focus areas in the midterm.