India's AI, GenAI spending set to grow 34% to $6 bn by 2027: IDC
The spending is forecasted to exceed $512 billion worldwide by 2027, twice the market size in 2024
spending
June 2024
March 2022
December 2019
Centre seeks Parliament nod for ₹1.58 lakh cr additional spending
The additional spending also includes servicing loans taken from the National Small Savings Funds (NSSF) for Pradhan Mantri Awas Yojana, among other heads.
Understanding the spending-lending divide
Over the past 18 months, private spending has slowed down substantially. However, retail lending continues to remain robust.
