New Delhi, March 1 -- India's Chief Economic Adviser (CEA) V Anantha Nageswaran has expressed confidence that the country's economy will achieve the projected 6.5 percent GDP growth in FY25, despite concerns over the required acceleration in the fourth quarter.
He explained that a 7.6 percent year-on-year GDP growth in Q4-needed to meet the annual target-is not unrealistic, given key economic trends.
The CEA highlighted three major factors supporting this optimistic projection. The first key driver is India's "good export performance," as Nageswaran observed. Excluding petroleum, gems and jewelry, merchandise exports have been growing at an impressive 10 percent rate.
This steady rise, despite global economic uncertainties, indicates s...
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