Why has exports engine stalled?
Not just in FY24, even decadal growth in exports has fallen to 5.2%, from 13.9% in previous decade.
Not just in FY24, even decadal growth in exports has fallen to 5.2%, from 13.9% in previous decade.
An increasing trend of multinationals extending their manufacturing processes into India will have a positive impact on Indian exports, says UNCTAD.
India's GDP growth is forecast to slow to 7% in FY25 but improve to 7.2% in FY26.
India's output growth is expected to reach 7.5% in FY24, says World Bank
Morgan Stanley expects growth to be broad-based and the gaps between rural-urban consumption and private-public capex to narrow in FY25.
Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023, says Moody's
Economists say the economy is expanding but concerns about excessive lending prevail; real GDP growth is holding up but underlying activity is decelerating
Private final consumption expenditure (PFCE), which accounts for about 60% of the GDP from the demand side, is expected to grow 6.1% year-on-year in FY25.
GDP growth and manufacturing push have not produced adequate quality jobs for decades
Why FM Nirmala Sitharaman's Interim Budget sets the tone for continuity during full Budget in July.