India’s GVA is likely to grow at 6.6 per cent in 2016-17: ICRA

India’s GVA is likely to grow at 6.6 per cent in 2016-17: ICRA The domestic rating agency ICRA has forecasted India’s gross value added (GVA) growth to be at 6.6 per cent in 2016-17. This is because the economic activity would take more time to normalise due to the government’s move to demonetise high-value notes. The report said that the currency liquidity is likely to improve significantly