Economic Survey 2016: Here's what India needs

The government today just tabled the economic survey of India which is a report card of the economy's health. The survey expects the country to grow at 7.5% in 2016-17 down from previous years' 8% projection. We list for you below some key recommendations the survey has made that will give you an exact understanding of how the country's growth will shape up in 20-16-17.

1. Pay Panel award helping consumption demand. #India's long-term growth potential at 8-10%

2. 7th pay commission to have little impact on inflation

3. Amidst gloomy international economic landscape, India stands as a haven of stability

4. Public investment needs to be increased further.

5. Downside risk to medium term growth due to global eco condition.

6. Time right for a review of medium term fiscal framework

7. Effective stance on monetary policy could be relaxed.

8. FY17 Expected to be challenging from fiscal point of view

9. Indian market is more resilient than the other resilient markets.

10. Impressive strikes made in the power sector in the last 2 years.

11. Amidst gloomy international economic landscape,India remains a haven of stability

12. Economic survey expects good performance by industrial, corporate and infrastructure sectors due to recent reforms.

13. Government needs to be in as strong position to repay debt

14. Public investments needs to be increased

15.CAD likely to be more than fully finance over stable flows

(Image credits: indiatimes)