<h1>India Achieves Macroeconomic Stability with Low Inflation and Fiscal Deficit; GDP Grows 7.3% in 2014-15.</h1> India's Finance Minister announced significant improvements in the country's macroeconomic stability, highlighting low inflation, fiscal deficit, and current account deficit. These gains are attributed to policy measures and structural reforms implemented over the past 19 months. India's GDP growth reached 7.3% in 2014-15, surpassing previous years, with notable growth in manufacturing and services sectors. Fiscal consolidation efforts continue, with increased public investment and reduced fiscal deficit. The government is addressing challenges in sectors like steel and agriculture while focusing on reducing non-performing assets in banks. Members of a parliamentary committee praised these efforts and suggested further economic improvements.