At a press briefing in New Delhi called to detail the state of the economy, Union Finance Minister Arun Jaitley said India had been the fastest growing major economy in the last three years and the attempt was to maintain a high growth rate in the coming years.
Inflation
The average inflation is around 2% from July 2016 to July 2017.
Inflation control Jaitley
GDP growth
Real GDP growth average is 7.5% in the last 3 years.
Real GDP growth
Foreign exchange reserves
An accumulation of $100 bn since January 2014.
Highest forex reserves since Independence, says the Finance Ministry
Fiscal deficit
Constant fiscal consolidation in the last four years. The glide path of the fiscal deficit will continue to be maintained, says Arun Jaitley.
Content fiscal consolidation in last four years
Current account deficit
The Financial Year 2017 recorded the lowest current account deficit of -0.7% GDP since Financial Year 2006.
Current account deficit
