Union Finance Minister Arun Jaitley on Friday tabled the Economic Survey for the current Financial Year in Parliament.

The survey presents an optimistic picture of Indian economy stating that amidst the gloomy landscape of unusual volatility in the international economic environment, India stands as a haven of stability and an outpost of opportunity.

It says India’s long-run potential for economic growth is as strong as 8-to-10% The Survey further states that the country’s performance reflects the implementation of number of meaningful reforms.

It underlines that India’s economic growth is amongst the highest in the world with a projection of 7-to-7.75% for the next financial year. This is being helped by a reorientation of government spending toward needed public infrastructure.

Describing these achievements as remarkable, the Survey emphasizes that the task is now to sustain them in an even more difficult global environment.