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    <title>Economy to clock more than 7 per cent growth this fiscal; Economic Survey 2015-16 predicts over 8 per cent growth in next couple of years</title>
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    <description>Projected growth above seven percent in 2016-17, with potential to reach eight percent or more in the next couple of years if a normal monsoon and reform momentum continue. Agriculture underperformed in 2015-16 due to a second successive weak monsoon with declines in foodgrains and oilseeds, while allied sectors grew over five percent. Manufacturing accelerated with corporate sector gains and positive manufacturing IIP, even as utilities, mining and construction decelerated. Services remained the principal driver, expanding its share of the economy and underpinning aggregate growth.</description>
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    <pubDate>Fri, 26 Feb 2016 12:36:00 +0530</pubDate>
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      <description>Projected growth above seven percent in 2016-17, with potential to reach eight percent or more in the next couple of years if a normal monsoon and reform momentum continue. Agriculture underperformed in 2015-16 due to a second successive weak monsoon with declines in foodgrains and oilseeds, while allied sectors grew over five percent. Manufacturing accelerated with corporate sector gains and positive manufacturing IIP, even as utilities, mining and construction decelerated. Services remained the principal driver, expanding its share of the economy and underpinning aggregate growth.</description>
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