New Delhi, Feb. 2 -- The government consumption growth is estimated to improve in FY25 given the increase in the revenue expenditures of both state and union governments, while private consumption growth is expected to be driven by rural demand, easing inflation and a favourable base, according to a report on Sunday.

Exports are also expected to witness strong growth supported by robust growth in services exports, said PwC's 'Budget 2025-26: Fostering India's Inclusive Growth' report, which offers detailed insights into the budget highlights, economic outlook and key tax and regulatory proposals that will shape India's economic trajectory in the coming years.

As per the first advance estimates, India's economic growth is expected to mod...