Brief by Shorts91 Newsdesk / 08:46am on 31 Jan 2025,Friday India
India's GDP growth for fiscal 2025-26 is projected to range between 6.3% and 6.8%, according to the Economic Survey 2024-25. The survey cited robust domestic economic fundamentals, including stable private consumption, strong external accounts, and fiscal discipline. However, it highlighted pressures in the manufacturing sector due to weak global demand and seasonal conditions. The survey also noted that food inflation is expected to ease in the latter part of FY25, supported by a favorable rabi crop. Investment activity is anticipated to rebound with improving business sentiment and policy support, providing optimism for future growth.
