This comes even as the Reserve Bank of India's consumer confidence and industrial outlook surveys remain cautious.
The report released on Thursday said, "As of now, the projection of real GDP growth of 6.5-7 per cent for FY25, made in the Economic Survey for 2023-24, seems appropriate." The finance ministry added that both the consumer and industrial outlook surveys, which showed a declining trend, need to be monitored for future trends.
The report noted that lower optimism about the general economic situation, employment, and prices led to a moderation in the future expectations index of the consumer confidence survey in July 2024.
Denne historien er fra August 23, 2024-utgaven av Business Standard.
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Denne historien er fra August 23, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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