Q. What is the India's GDP forecast for FY 18, as per latest Economic Outlook Survey of Federation of Indian Chambers of Commerce and Industry (FICCI)?
Answer: 7.4%
Notes: As per latest Economic Outlook Survey of Federation of Indian Chambers of Commerce and Industry (FICCI), India’s Gross Domestic Product (GDP) growth forecast for FY 18 will be around 7.4%, with a minimum and maximum level of 7% and 7.6% respectively. As per the survey, agricultural sector is estimated to clock 3.5% growth in 2017-18, while the industry and services sector are expected to grow by 6.9% and 8.4% respectively in 2017-18. According to the survey results, Consumer Price Index (CPI) has a median forecast of 4.8% for 2017-18 with a minimum and maximum level of 4% and 5.3%.
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