New Delhi: Seventy-two per cent of the chief executive officers who participated in a snap poll conducted by the Confederation of Indian Industry (CII) said they are expecting an over 6-per cent gross domestic product (GDP) growth.

In a statement, the CII has said that the respondents to the poll have stressed on the need to continue the reforms process in the current fiscal. "In order to maintain the current upswing in the performance of the economy it is important that the reforms process retained its momentum."

The statement adds that implementation of the value-added tax and disinvestment of the identified public sector undertakings are identified as the two top fiscal measures required to ensure sustainability of economic reforms in the long run. "Besides, the importance of state-level reforms being carried out, particularly the restructuring of the state electricity boards, also rank high on the list of priorities of the respondents."

The respondents also listed the rapid appreciation of the rupee exchange rate as an area of significant concern. A majority of the respondents (62.8 per cent) feel that the Reserve Bank of India should intervene to check the rise of the rupee against the dollar.