Challenges in the way of better days

             'Good days' back to Modi came to power with the slogan has to be aware that the Indian economy is on its way, very difficult. Perhaps that is why the government's economic performance of the past six months, the finance ministry accounts presented on Friday, referring to the achievements, challenges and more.

               Inflation to ease the path of the pending projects visible everywhere are challenges to the government. Yet, it has been claimed for the current year and 4.1 per cent fixed rate of 5.5 per cent fiscal deficit target of economic growth will be achieved.

              Mid-term review of the government made it clear that he is truly in its economic policy would make the next budget. The focus of the government in the current year to 5.5 per cent in any way to maintain the pace of the economy and is about to control the fiscal deficit.

                The next budget of only seven to eight per cent economic growth rate will pave the way to regain. The government is confident that in the next few years will be 7-8 per cent economic growth. But the biggest challenge of its way to create the investment climate in the country and 18 lakh crore is pending projects started fast. Especially from the private sector on how to prepare for new investments, the government will have to overcome the obstacle.

                   Inflation is the current situation, the government stated it’s a great achievement, but it's a clear indication that it may increase in the coming days. For the next five quarters from 5.1 to 5.8 per cent inflation rate is estimated to be between. Right now it is zero per cent. The inflation rate may rise sharply in the coming days.