India's GDP growth to remain strong at 7.6% in 2016: World Bank

The World Bank has said, India's GDP growth will remain strong at 7.6 percent in 2016 and 7.7 percent in 2017. In its latest report 'South Asia Economic Focus' released yesterday in Washington, it said India's economic growth remained robust, and is expected to support continued poverty reduction. 

It further said that the current year is expected to see some convergence in rural



and urban economies, supported by stimulating policies, such as passage of GST and civil service pay revisions.

However the report said, India faces the challenge of further accelerating the responsiveness of poverty reduction to growth, promoting inclusion, and extending gains to a broader range of human development outcomes related to health, nutrition, education and gender.