There is no significant downside risk to 6.5-7 per cent GDP growth projected by the Economic Survey and other than food prices, inflation is not a challenge, Economic Affairs Secretary Ajay Seth said here on Wednesday.
"Several informed people have been talking about an apparent slowdown. Yes, the numbers in the second quarter do show some of the products and services may not be at the same level they were about a year ago or two quarters earlier. However, e-way bills and e-invoices for October do not indicate there is any significant possibility of any downside risk of 6.5-7 per cent growth," Seth said. He was participating in a secretary panel discussion at the curtain-raiser event of Ficciis Annual General Meeting (AGM).
On inflation, Seth said food prices have been a problem area. "That has been because of continuing and unusually long rainfall this year. But other than the food prices, inflation is not a challenge," he added.
هذه القصة مأخوذة من طبعة November 21, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة November 21, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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