<h1>India's Economy Grows 7.65% in 2015-16 Amid Global Challenges; Reforms and Initiatives Boost Investment and Innovation.</h1> India maintained a high growth rate of 7.65% in 2015-16, up from 7.2% the previous year, despite global economic challenges. The government is implementing structural reforms under the 'Reform to Transform' strategy to enhance the investment climate and ease of doing business. Initiatives like the National Infrastructure Investment Fund, Make-in-India, Startup India, and Skill India are underway to foster innovation and job creation. India also focuses on financial inclusion, opening over 200 million bank accounts. The Finance Minister urged the Asian Development Bank to support innovative projects and emphasized ongoing reforms for its improvement.