India’s growth to reach 7 pc for FY2017: ADB

New Delhi, Sept 26  Asian Development Bank’s has forecast that India’s growth will reach 7 per cent for Financial Year 2017(FY2017), a 0.
4 percentage point decline from the April estimates, while the outlook for FY2018 is now at 7.
4 per cent from the previous 7.
6 per cent projection.
In an update to its flagship annual economic publication, Asian Development Outlook (ADO) 2017, it is said that India’s ambitious reform agenda will lead to higher long-run growth for its economy.(UNI)