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Global outlook on the Indian economy is certainly turning bullish. Major multilateral agencies have recently indicated in their reports that Indian economy is holding a lot of promises for the future. If that is to happen, there are quite a few things which our new government is supposedly doing right. The present, after all, will shape the country’s future. Fitch Ratings, a global rating agency in its latest Global Economic Outlook report is positive on the country’s growth. According to Fitch, the country’s economy is likely to clock 8 per cent growth in the next financial year 2015-16 and 8.3 percent in 2016-17. Interestingly, India, as per the report, will be the only BRIC country, where growth will accelerate.

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