Government to table Mid-year Economic review on 18 Dec before the Parliament
Updated: Dec 14, 2015 12:11:52pm
However, the Reserve Bank has projected the economy to grow at 7.4 per cent in the current fiscal.
"The tentative date for presenting the review is December 18," said Chief Economic Advisor Arvind Subramanian, whose team in the Finance Ministry is drafting the report.
He however did not elaborate on the growth projections the review is going to project.
The customary mid-year review outlines the outcome of the analysis of the trends in receipts and expenditure at the end of first half of the fiscal. Besides, it also gives an account of the Macroeconomic situation, outlook and challenges for specific sectors and growth forecast. (KNN Bureau)