New Delhi, Jan. 31 -- India's domestic economy remains steady amidst global uncertainties, driven by robust growth in the services sector, a rebound in agriculture, and the industrial sector picking up momentum on the back of rising private consumption, according to the Economic Survey tabled in Parliament on Friday. As per the first advance estimates released by the National Statistical Office, the real gross domestic product (GDP) growth for FY25 is estimated to be 6.4 per cent, the Survey points out.
The survey highlights that from the angle of aggregate demand in the economy, private final consumption expenditure at constant prices is estimated to grow by 7.3 per cent, driven by a rebound in rural demand. Private consumption as a sha...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.