Centre pegs GDP growth at 6.4% for FY25
Mint Hyderabad|January 08, 2025
India's GDP is projected to grow at 6.4% in fiscal year 2025, according to government estimates. Fiscal deficit is targeted at 4.4% of GDP, with a projected fall in the debt-GDP ratio.
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astava, chief policy advisor at EY India. "The likely target for fiscal deficit in 2025-26 may be 4.4% of GDP, which may be accompanied by a fall in the debt-GDP ratio, thereby confirming continued progress in fiscal consolidation."

IPD or implicit price deflator-based inflation is a measure of the overall price level of goods and services in an economy. "The government would do well to continue to emphasize infrastructure expansion as the core of its growth strategy in the presence of continuing global uncertainties," Srivastava added.

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