India's 2014/15 budget attempts to target economic growth at 7–8 percent over a three-four year period after less than 5 percent growth for the past two years, and agriculture remains a high priority. Economic Survey of India: Key Points The most recent report from World Bank pegs India as the 10th largest economy in the world in terms of Gross Domestic Product (GDP). GDP growth was approximately 6 percent from 1980-2010, but has slowed down to 4.5 percent in recent years, especially in 2014/15. India's growth has been largely driven by the services sector that comprises over half of the economy, while the agricultural, manufacturing and particularly the industrial sectors have slowed down significantly, according to the Economic Survey o...

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