Economic Survey 2023-24: India Projects 7% GDP Growth, 4.5% Inflation for FY25, Focus on PPP and Structural Reforms

Brief by Shorts91 Newsdesk / 10:05am on 22 Jul 2024,Monday India

The Economic Survey 2023-24, presented by Finance Minister Nirmala Sitharaman, forecasts India's GDP growth at 7% and inflation at 4.5% for FY25. The report highlights India's resilience amid global challenges, with a strong emphasis on private investment, agriculture, and MSME growth. Structural reforms like GST and IBC have begun to yield results. The survey underscores the need for domestic economic efforts, improved fiscal discipline, and addressing key policy areas including job creation and skill development to sustain growth.

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