Economic Survey pegs growth at 7-7.5 percent for 2016-17

The Economic Survey for 2015-16 tabled in parliament on Friday pegged India's growth for the next fiscal at 7-7.5 percent.

For the current fiscal, the survey estimated the GDP growth at 7.6 percent.

Authored by Chief Economic Advisor in the Finance Ministry Arvind Subramanian, the survey said: "India's long run potential GDP growth is substantial, about 8-10 percent."