Economic survey likely to peg GDP growth at 6-6.5% in 2020-21

India’s economic survey for 2019-20 is likely to peg GDP growth at 6-6.5 per cent in 2020-21. The GDP growth is expected to improve next year due to a series of fiscal measures to revive demand that the government is likely to announce in the Union Budget for 2020-21. GDP growth fell to 4.5 per cent during July-September 2019. The government has estimated the economy to grow by five per cent in 2019-20.

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