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The Economy and the Markets Reward Structural Reforms and Fiscal Prudence

Posted on June 18, 2018

The Fourth quarter results of GDP data showed a phenomenal 7.7 percent growth rate and has established India firmly as the fastest growing global economy.  This trend, according to experts, is likely to continue for the next few years.  With structural reforms like demonetisation, the implementation of the Goods and Services Tax and the enforcement of the Insolvency and Bankruptcy Code, we had two challenging quarters.  Those who predicted a two percent decline in GDP growth have been conclus....