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India GDP to grow 8.4% in FY16: Dun & Bradstreet

WAR-rior

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India is expected to clock a GDP growth of 8.4 percent in the current financial year, spurred by policy reforms, fall in food inflation and lower fuel prices, says a Dun & Bradstreet report.
According to the research firm, the partial unclogging of domestic policy logjam, focus on public investments in infrastructure, fall in food inflation and lower fuel prices along with improving income growth is likely strengthen aggregate demand.
"India's economic growth as measured by Gross Value Added (GVA) at basic prices to grow by 8.4 percent in financial year 2016," D&B said in a research note.
However, downside risks to this forecasts are fragile and tepid recovery in some developed markets, below normal monsoon, direction of FII flows following rate hike by the US Federal reserve and non-revival in corporate investment.
A sectoral analysis shows that the demand for automobiles across the categories is expected to receive a boost, on the back of the expected economic recovery in this fiscal. Meanwhile, the much awaited participation from Real Estate Investment Trusts (REITs) and Alternative Investment Funds (AIF) is expected to aid investments in the real estate sector.
Tier II and Tier III cities are expected to drive demand for residential real estate. In the telecom sector, demand for data services to be higher as service providers extend high speed 3G and 4G network to smaller towns. Moreover, high debt levels in the sector could impact expansion plans drawn out by the telecom players.
Moreover, likely revival in economic activity during FY16 is expected to support consumption of various consumer products and drive the growth story of the Indian retail sector, the report added.

India GDP to grow 84 in FY16 Dun Bradstreet
 

ZooZoo

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BinGo....


Make it 10%... One small kick to Agricuture and it may hit 10% of GDP .. :)
 

Niks

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Ohh Nooo...
The number of Modi agents in the world is going on increasing ...
 

WAR-rior

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Waiting for complete implementation of GST. Then we can brace for continous double digit growth for couple of decades.
 

Srinivas

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Once GST reforms are implemented then GDP will touch double digits.

Now from there we need to raise the GDP to 12% to 15 %, For this to happen Massive infrastructure projects combined with expansion of industrial base must be done.

And the GDP should stay between 12 to 15 % for at least 3 decades.
 

UKBengali

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Once GST reforms are implemented then GDP will touch double digits.

Now from there we need to raise the GDP to 12% to 15 %, For this to happen Massive infrastructure projects combined with expansion of industrial base must be done.

And the GDP should stay between 12 to 15 % for at least 3 decades.
Wishful thinking dude.

India will at best sustain 8% average over next few decades.
 

WAR-rior

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comprehension issues? IF GST IS DELAYED...........

Nobody is saying GST will be delayed. Its a strong majority govt and upperhouse opposition will be countered by ordinances.

So no point GST getting delayed.

Wishful thinking dude.

India will at best sustain 8% average over next few decades.
Prove it with some economic theories and sense. Give us some articles by proven scholars ro argue.

Nobody here is interested in uneducated bangladeshi's orgasms. U shud be ashamed to give blind statements without logical support to it.

Dun and Bradstreet is no tom dick harry like those here on PDF. Those countering D&B better have some logical argument and links. Otherwise its considered as a simple case of trolling and will be reported.
 

Srinivas

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Wishful thinking dude.

India will at best sustain 8% average over next few decades.
It will be more than that. Until now the GDP growth is because of services and consumption based.

Once India concentrates on Manufacturing, Infrastructure and Agriculture. GDP growth rate will be more and it will touch double digits.

Since India is Big there is lot of potential to build and manufacture so the growth rates will last longer.
 
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UKBengali

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Prove it with some economic theories and sense. Give us some articles by proven scholars ro argue.

Nobody here is interested in uneducated bangladeshi's orgasms. U shud be ashamed to give blind statements without logical support to it.

Dun and Bradstreet is no tom dick harry like those here on PDF. Those countering D&B better have some logical argument and links. Otherwise its considered as a simple case of trolling and will be reported.
Report away dude:lol:
 

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