New Delhi, May 4 (IANS) Industry body Confederation of Indian Industry (CII) on Thursday predicted that India's economic growth rate for 2017-18 will range between 7.5 and eight per cent.
According to newly elected CII President Shobana Kamineni, key reforms such as the introduction and implementation of the Goods and Services Tax (GST) system will be a growth driver during the current fiscal.
Kamineni, also the Executive Vice-Chairperson of Apollo Hospitals Enterprise (AHEL), said the growth rate band will also depend on normal monsoon and a slight improvement in the global economic environment.
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
