Budget 2024: A Visionary Blueprint
With the wind blowing in the right direction for India, its projected GDP growth of around 6.5-7% for the current fiscal year bodes well amidst a global slowdown.
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July 2024
June 2024
May 2024
Budget 2024: Central Schemes Expenditure 2.6x Of FY16
Actuals Rise But Share Of GDP Lower
Domestic resources will push growth: Eco Survey
The medium-term growth outlook of the Survey recognises the significant growth-limiting impacts of increasing geo-economic fragmentation and the consequent resource nationalism on countries.
Eco Survey projects GDP growth of 6.5-7% in FY25
Private capital formation after good growth in the last three years may turn slightly more cautious because of fears of cheaper imports from countries that have excess capacity, says Economic Survey
Budget 2024: Increase health allocation to 2.5% of GDP: Fortis CEO
These measures, he argues, will improve healthcare accessibility and affordability, spur infrastructure development in Tier-1 and Tier-2 cities, and ensure quality healthcare across the nation.
Need new consolidation path to contain fiscal deficit by 2029: Subhash Garg
There is a need to go back to the FRBM and retain the fiscal deficit to 3% of GDP as the target of 4.5% is not good enough.
India fastest growing economy, GDP to grow at 6.6% in FY25: World Bank
The World Bank maintained its growth forecast for India at 6.6% for FY25.
RBI MPC meet: Repo rate unchanged at 6.5%, FY25 GDP forecast revised to 7.2%
This is the 8th time in a row that the RBI committee has decided to keep the repo rate unchanged
CareEdge expects MPC to cut rates in second half of FY25
Measures like OMO sales or Market Stabilisation Scheme (MSS) may be undertaken in the second half of the fiscal year to sterilise the inflows.
Rising-tide is not lifting all in India
Evidence shows the disconnect between growth and equity with the elusive ‘shared prosperity’ or ‘inclusive’ growth.
