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Fiscal, monetary steps may lift growth to 6.8%
Financial Express Lucknow
|May 28, 2025
The government's direct tax exemptions and fiscal measures, along with the rate cuts from the Reserve Bank of India, are expected to further stimulate consumption and investment to lift FY26 growth towards the upper end of forecasts of 6.3% to 6.8%, given in the latest economic survey, according to finance ministry's latest monthly report.
THE GOVERNMENT'S DIRECT tax exemptions and fiscal measures, along with the rate cuts from the Reserve Bank of India, are expected to further stimulate consumption and investment to lift FY26 growth towards the upper end of forecasts of 6.3% to 6.8%, given in the latest economic survey, according to finance ministry's latest monthly report.
In the monthly economic report for April, finance ministry economists said a successful US-India bilateral trade agreement could flip current headwinds into tailwinds, opening up new market access and energising exports.
Diese Geschichte stammt aus der May 28, 2025-Ausgabe von Financial Express Lucknow.
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