A series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 per cent in fiscal 2017-18 and will rise to 7.0 to 7.5 per cent in 2018-19, thereby re-instating India as the world’s fastest growing major economy. This was stated in the Economic Survey 2017-18 tabled in Parliament on January 29th 2018 by the Union Minister for Finance and Corporate Affairs, Arun Jaitley.