Trend GDP growth is the average sustainable rate of economic growth over time.
Private consumption growth in the country has fared better than last year in the first half of the current fiscal (FY25).
"While investment growth has moderated relative to last year, its share of GDP remains higher than the pre-pandemic decade," the report mentioned.
Technical factors contributed to an above-trend GDP growth last year. They are expected to have a moderating effect on GDP growth this current fiscal as they normalise.
Esta historia es de la edición December 17, 2024 de The Statesman Siliguri.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 17, 2024 de The Statesman Siliguri.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Ashwin might have made difference at SCG: Gavaskar slams mid-series retirement
Ravichandran Ashwin's shocking retirement call in the middle of the five-Test Border-Gavaskar series has drawn sharp criticism from batting maestro Sunil Gavaskar, who felt that the decision not only left India short of a player but also potentially robbed India's chances of featuring two experienced spinners in the final Test in Sydney, where conditions are expected to favour spinners.
Stalemate in Brisbane leaves World Test Championship race in the balance
The drawn Test in Brisbane has left the race to next year's World Test Championship final wide open.
Bumrah rewrites history, eclipses legendary Kapil Dev
Jasprit Bumrah established himself as India's most successful pacer in Australia in Test format after surpassing the legendary Kapil Dev on Day 5 of the Brisbane Test of the Border-Gavaskar Trophy on Wednesday.
High time somebody from NCA talks about Shami, says Rohit Sharma
Reiterating his stance on the prospects of Mohammed Shami joining the squad for the remainder of the Border-Gavaskar series, India skipper Rohit Sharma on Wednesday left it on the BCCI's Centre of Excellence, formerly known as the National Cricket Academy (NCA), for clarity on the star quick's fitness.
All eyes on MCG as India, Oz share honours in Gabba Test
Series remains locked at 1-1 after persistent rain forces third clash at Brisbane to end in a draw
From exile to anthem
The feeling a reader is left with while reading a Marinaj poem is best described by the word 'whisper' from the title of the book itself - \"Teach me how to whisper\".
Voices against patriarchy
This anthology offers rare insights to challenge the impunity for violence against women in South Asia: VRINDA GROVER
India's growth momentum has picked up after Q2 slowdown: Jefferies
The improvement in India's economic growth after the slowdown in the July-September quarter is visible as movement indicators like fuel consumption, vehicles tolled and air traffic have strengthened, Jefferies said in a note on Wednesday.
Disha eyes larger slice of ₹30,000 cr optical retail pie, joins hands with ZEISS
Disha Eye Hospitals, the leading eye care hospital chain of Eastern India, has now teamed up with ZEISS, a global leader in optics and optoelectronics, to tap the fast-growing optical retail market in India, which is valued at Rs 30,000 crore and growing at 8 per cent annually.
Net direct tax collections spike by 16.45 per cent to over ₹15.82 trillion
The net direct tax collections for this fiscal year so far have recorded robust growth, rising by 16.45 per cent year-on-year to over Rs 15.82 lakh crore, according to the latest government data.
