Achieving 7.5% GDP growth difficult, says Govt
Achieving 6.75-7.5% growth projected earlier will be difficult due to appreciation of rupee, farm loan waivers, and transitioning challenges from GST, the government said in its mid-year Economic Survey. Further, scope for monetary easing was considerable as repo rate was above the neutral rate. Removal of check posts after GST will give the economy a short-term boost, it added.