2024 Ahoy! Can India conjure up 7% growth for the fiscal?
Can use of high-frequency formal sector indicators – which don’t take into account informal sector – be the basis for upward revision of growth numbers by RBI.
public sector capex
December 2023
December 2022
Despite Centre's capex push, public sector spend to decline in FY23
The total public sector capex is likely to decline for the third consecutive year to 6.5% of GDP in FY23, from 6.9% in the two previous years.
