India’s GDP Forecast FDI Limits

FDI Limits…

List of Limits in Various Sectors (In %)

1. Defence Raised to 49% from
26%
2. Pension 49
3. Insurance Raised to 49% from
26%
4. Print Media 26
5. Civil Aviation 49
6. Public Sec. Banks 20
7. Private Sec. Banks 74
8. Multi Brand 51
9. Single Brand 100
10. Tourism 100


India’s GDP Forecast:

• RBI pegged 2014-15 GDP growth at a central estimate of 5.5 %
• World Bank lowers India’s GDP growth forecast for 2014-15 at 5.5 % from the earlier forecast of 5.7 per cent.
• ADB pegs India GDP growth rate for 2014-15 at 5.5 %
• ADB (Asian Development Bank) ups 2015 India growth rate to 6.3%
• Economic and Social Commission for Asia and the Pacific,(ESCAP) - Indian economy to grow at 5.5 percent in current fiscal
• IMF projected GDP growth for India in 2014-15 at - 5.4 %
• Moody (Credit Rating Agency) projected India growth rate expected to accelerate to 5.2 % in 2014 and 6.5 % by end of 2015.
• FICCI’s Economic Outlook Survey estimated India’s GDP growth rate at 5.6 percent in 2014-15
• According to a UN report Indian economy expected to grow by 5.5% in current fiscal.