KEY FEATURES OF BUDGET 2017 – 18
KEY FEATURES OF BUDGET 2017 - 18 INTRODUCTION 1. In the last two and half years administration has moved from discretionary, favouritism based to system and transparency based. 2. Inflation brought under control. CPI-based inflation declined from 6% in July 2016 to 3.4% in December, 2016. 3. Economy has moved on a high growth path. India’s Current Account Deficit declined from about 1% of GDP last year to 0.3% of GDP in the first half of 2016-17. FDI grew 36% in H1 2016-17 over H1 2015-16, despi...
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