Increase capex, slowdown fiscal consolidation going forward: Economist
Gaura Sengupta from IDFC First Bank predicts FY25’s capex will fall short of the Rs 11.1 trillion target at around Rs 9.6 trillion. She stresses the importance of maintaining capex focus for FY26 and calls for moderated fiscal consolidation, aiming for a 4.5% fiscal deficit target in FY26 to support growth and capex.
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