https://www.taxtmi.com/news?id=15737 The Survey projects 2015-16 real GDP growth of about 7-7.75% with low inflation supported by fiscal consolidation and infrastructure spending, but warns of external downside risks and weak nominal growth. It stresses resolving the twin balance sheet issue through Recognition, Recapitalization, Resolution, and Reform: mark bank assets to true value, recapitalise banks, sell or rehabilitate stressed corporate assets, and reset incentives to prevent recurrence. en-us Fri, 26 Feb 2016 13:15:27 +0530 Fri, 26 Feb 2016 13:15:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15737 The Survey projects 2015-16 real GDP growth of about 7-7.75% with low inflation supported by fiscal consolidation and infrastructure spending, but warns of external downside risks and weak nominal growth. It stresses resolving the twin balance sheet issue through Recognition, Recapitalization, Resolution, and Reform: mark bank assets to true value, recapitalise banks, sell or rehabilitate stressed corporate assets, and reset incentives to prevent recurrence. News - Fri, 26 Feb 2016 13:15:27 +0530 https://www.taxtmi.com/news?id=15737