Growth forecast for Next Fiscal to remain between 5.4 to 5.9 per cent. Improvements in Current Account and Fiscal deficits to spur higher growth in 2014-15 A record food grains production of over 264 million tonnes is estimated in 2013-14 indicating an increase of 20 million tonnes in last 5 years

Growth forecast for Next Fiscal to remain between 5.4 to 5.9 per cent. Improvements in Current Account and Fiscal deficits to spur higher growth in 2014-15 A record food grains production of over 264 million tonnes is estimated in 2013-14 indicating an increase of 20 million tonnes in last 5 years https://www.taxtmi.com/news?id=12898 The survey links projected GDP growth to improvements in the external and fiscal balances and strong agricultural output, while warning that deficient monsoon, adverse external conditions and a weak investment climate pose downside risks. Revival of growth requires addressing structural bottlenecks-notably in industry and services-through fiscal consolidation, stable external balance, inflation control, streamlined implementation, tax simplification, repeal of archaic market laws, improved dispute resolution, infrastructure investment and agricultural productivity reforms. en-us Wed, 09 Jul 2014 13:05:11 +0530 Wed, 09 Jul 2014 13:05:11 +0530 TaxTMI RSS Generator Growth forecast for Next Fiscal to remain between 5.4 to 5.9 per cent. Improvements in Current Account and Fiscal deficits to spur higher growth in 2014-15 A record food grains production of over 264 million tonnes is estimated in 2013-14 indicating an increase of 20 million tonnes in last 5 years https://www.taxtmi.com/news?id=12898 The survey links projected GDP growth to improvements in the external and fiscal balances and strong agricultural output, while warning that deficient monsoon, adverse external conditions and a weak investment climate pose downside risks. Revival of growth requires addressing structural bottlenecks-notably in industry and services-through fiscal consolidation, stable external balance, inflation control, streamlined implementation, tax simplification, repeal of archaic market laws, improved dispute resolution, infrastructure investment and agricultural productivity reforms. News - Wed, 09 Jul 2014 13:05:11 +0530 https://www.taxtmi.com/news?id=12898