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India Coming Out of Economic Slowdown

As per Organisation for Economic Cooperation and Development (OECD) latest report, India’s Economy is leaving its most exceedingly terrible log jam in a quarter-century, yet usage of new changes will be key to putting it on a solid and supportable development path of 8 percent.

The economy is to extend by 5.4 per cent this fiscal, OECD said adding India was recouping speedier than different economies which faced moderating development.

Gross Domestic Product growth would edge higher to 6.8 per cent in 2016-17.
The survey released by OECD Chief Economist Catherine L Mann, discovered India slowed more than many other different nations since 2011, yet is currently recuperating quicker.