Capex has lifted the productive potential of the economy; time for the private sector to take the baton, says the Economic Survey 2024. India’s private capex surged by 19.8% in FY23, with the share of private non-financial corporations in GFCF…
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India’s fiscal deficit is set to decrease to 4.5% of GDP or lower by fiscal 2026, per the Economic Survey 2023-2024. Finance Minister Nirmala Sitharaman aims for a deficit below 4.5% by 2025-26, with expectations to further reduce it during…
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“Compared to advanced economies like the USA, Germany, and France, India had one of the lowest deviations from its inflation target in the triennial average inflation from 2021-2023. Despite the challenges posed by global demand-supply imbalances due to ongoing geopolitical…
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The Economic Survey 2024, presented by Union Finance Minister Nirmala Sitharaman, offers a comprehensive view of India’s labour market improvements and future needs. Despite a notable drop in the unemployment rate and significant strides in female labour force participation, the…
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The Survey said corporate capex’s focus on Dwellings, other buildings and structures’ and not machinery is not a healthy mix.
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The Economic Survey 2023-24 sets a clear and ambitious plan for India’s economic future. By addressing immediate challenges and focusing on strategic growth areas, India can pave the way for a prosperous, inclusive, and sustainable future, aligning with the broader…
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