 "Chief Economic Advisor Arvind Subramanian")
After more data were out on the health of the economy, the economic advisers in the finance ministry now realised that clocking 7.5 per cent growth may be a difficult task for the current financial year.
Not that, they were very sure of this target when volume I of the Economic Survey was released in January this year. What they had projected was a wide range of 6.75-7.5 per cent. So, they had forecast both lower than 7.1 per cent growth, achieved in 2016-17, as well as higher than that, not sure of how twin balance sheet problem will pan out.
However,
