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<h1>India's 2014-15 Mid-Year Economic Analysis Shows Macroeconomic Gains and Investor Optimism Amid Fiscal Challenges.</h1> The Mid-Year Economic Analysis 2014-15 highlights significant improvements in India's macro-economy and investor sentiment due to government actions such as deregulating diesel, raising natural gas prices, and increasing foreign direct investment in defense. Despite slower-than-expected economic growth affecting revenue, the government remains committed to meeting its fiscal deficit target. Inflation has decreased significantly due to policy actions and declining agricultural and oil prices. The rupee has weakened against the dollar but strengthened against a broader currency basket. Future growth may require increased public investment, and upcoming reforms like the Goods and Services Tax and direct transfers could further stabilize and invigorate the economy.