The World Bank and the International Monetary Fund (IMF) see India continue to be the fastest-growing major economy for the next few years despite a slowdown and global uncertainties. For 2025-26 and 2026-27, the World Bank has projected 6.7 per cent growth for the country while the IMF pegged it at a conservative 6.5 per […]
Q2 GDP slowdown could be partly a result of low government spending in 2024 as it was a long election year. This could reverse with higher public expenditure. Moreover, the monetary policy is also expected to take a fresh route now with the new Governor at the helm in the Reserve Bank of India (RBI). […]
Strengthening the Micro, Small and Medium Enterprises (MSMEs) sector is key to growth in the Amrit Kal to make India a developed nation by 2047, the 100th year of India’s Independence. With approximately 30 per cent of the country’s GDP, 45 per cent of manufacturing output, and 211 million employees/workers, MSMEs are the backbone of […]
India, which contributes USD 35 billion annually to textile exports, has set its sights on an ambitious goal of USD 100 billion by 2030 with the 5F vision of “Farm to Fibre to Factory to Fashion to Foreign”. After a 7.87 per cent decline from USD 37.16 billion in 2018 to USD 34.24 billion in […]
The thrust laid by the government on capital expenditure (investment) over the last few years aided post-Covid recovery and ensured support to the growth momentum. Given the uncertainty amidst persisting global headwinds, the government’s thrust on public capex on physical, social and digital infrastructure will likely continue, but at a moderate pace in the coming […]