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India Needs to Change Fiscal, Monetary Policy to Achieve 6.4 Per Cent GDP in 2025: Moody's
The Statesman Siliguri
|January 30, 2025
Moody's Analytics on Wednesday said India needs to change its fiscal and monetary policy to achieve a 6.4 per cent GDP growth in 2025 amid a weak rupee, declining foreign investment and volatile inflation.
It expects the 2025-26 Union Budget to support domestic demand, particularly investment while aiming for a fiscal deficit of less than 4.5 per cent of GDP for the next fiscal.
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