"With all the steps we have taken (in the Budget) and hopefully if the next financial year is politically not as obstructive as the last one (and) we are able to push through many more reforms, I am sure we will beat the target that Arvind (Subramanian) has set in the Economic Survey," he said.
    
The minister was speaking during a post-Budget interaction with captains of the Indian industry. Chief Economic Advisor Arvind Subramanian, in the Economic Survey, projected a growth rate of 7-7.75 percent for the next financial year, which some experts described as "modest".

The economic growth rate for 2015-16 has been estimated at 7.6 percent, the highest in the last five years. Detailing the initiatives proposed in his Budget for 2016-17, Jaitley said the goods and services tax (GST) Bill and the bankruptcy law are pending in Parliament and the government will pursue them.

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