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The Economic Survey 2018 prepared by Chief Economic Advisor Arvind Subramanian is a mixed bag of news for the Indian economy. While India is poised to grow at 7 to 7.5%, the fastest in the world, global developments could play party popper. Of major concern, is the rise in global oil prices, the highest in recent times. Oil prices, expected to go up by 16% this year could dampen demand and spur inflation.