The Asian Development Bank, ADB, has raised India's growth forecast from 8.2 per cent to 8.5 per cent for the current fiscal. According to the ADB report, better performance is the result of robust private demand as well as sustained impact of stimulus policies introduced by the government. The report said, there has been rise in the consumers and business confidence which has also resulted in improved performance. It said that improved performance is broad based and is projected to carry on for the rest of the year. Painting a positive outlook for India, the report says that India along with China is lifting the growth of the entire region. The report, however, also pointed out to the fragility and clouds of uncertainty of recovery in the industrialised countries hanging over the region.