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  4. BJP's victory rekindles hope for structural reforms: Goldman

BJP's victory rekindles hope for structural reforms: Goldman

New Delhi: A clear mandate for the BJP has rekindled hope for structural reforms and better investment climate and the country's growth is likely to accelerate to 6.5 % in FY16, a Goldman Sachs report

PTI Updated on: May 24, 2014 8:00 IST



In FY15, GDP growth is expected to be at 5.5 % with downside risks due to the possibility of a less-than- normal monsoon.
 
The main obstacles to the aforesaid growth forecast are an uncertainty on monsoon and a delay in fast-tracking projects, if any, by the new government.

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