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    <title>A Growth Rate of over 8 Per Cent Expected for the Coming Year</title>
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    <description>The Economic Survey 2014-15 projects GDP growth above 8 per cent for 2015-16, driven by domestic demand, lower inflation, a narrowed current account deficit, and reforms including fuel deregulation, targeted subsidy transfers, coal auctioning and higher FDI caps. It introduces GVA measures, warns of declining household savings, falling investment rates, stalled projects and weak export growth, and recommends boosting public investment and public-private partnerships. The Survey proposes a golden rule of fiscal policy to borrow only for investment, urges a 3% fiscal deficit target, criticises untargeted subsidies, and endorses JAM-based targeting and federal fiscal reforms.</description>
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    <pubDate>Fri, 27 Feb 2015 13:23:03 +0530</pubDate>
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