Recent policy measures by the government to improve the investment climate and boost private consumption and investment will help India to lift economic growth in the next two fiscal years, according to a new report from the Asian Development Bank (ADB). Declining fuel and food prices are also expected to provide an impetus for domestic consumption. Reversing two years of declining growth, India’s gross domestic product (GDP) is projected to rise to 7.2 per cent in fiscal 2019, says ADB’s Asian Development Outlook (ADO) 2019. GDP if further expected to rise to 7.3 per cent in FY20 as reforms to improve the business and investment climate take effect. ADO is ADB’s annual flagship economic publication.