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Growth story pared with dose of realism

The New Indian Express

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July 23, 2024

Economic Survey contradicts the government's anti-China stance; seeks to shift the responsibility of job creation to the private sector

- DIPAK MONDAL

Growth story pared with dose of realism

INDIA's march towards Viksit Bharat in 2047 may not be a walk in the park amid rising global uncertainties, climate change risks, and the 'huge pall of uncertainty' cast by artificial intelligence (AI). Premised on this reality check, the Economic Survey 2023-24, tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday, presents a mixed picture of hope and high water.

Though the Survey asserts that India's economy is on a "strong wicket and stable footing, demonstrating resilience in the face of geopolitical challenges", it outlines in great length the challenges ahead. In this context, the report pegs GDP growth rate at a conservative 6.5-7% for FY25, lower than the estimates of many domestic and international agencies.

The New Indian Express'den DAHA FAZLA HİKAYE

The New Indian Express

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SCHOLARSHIPS, LOANS, A SISTER'S PAYCHECK - THE FAMILY GAMBIT FUELS THIS YOUNG CHAMPION'S DREAMS

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A 20-year-old college student was killed after being struck by lightning while on the terrace of a house in Padikuppam near Thirumangalam on Monday evening, police said.

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The New Indian Express

The New Indian Express

NDA, Oppn bloc intensify talks for seats deals amid push from allies

BJP, JD(U) likely to contest equal number of constituencies; Chirag party offered 25, Cong to hold CEC meet today to finalise first list

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The New Indian Express Chennai

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AT first sight, Belgian director-screenwriter Joachim Lafosse’s French film, Six Days in Spring, might seem like pivoting on a trifle, but it gains in depth as the narrative coasts along.

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Santosh gets OTT premiere

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The New Indian Express

The New Indian Express

LG IPO shines, Tata Cap yet to be fully booked

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The New Indian Express

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Quantum pioneers win Nobel for tech behind our phones

JOHN Clarke, Michel H. Devoret and John M Martinis won the Nobel Prize in physics on Tuesday for research on the weird world of subatomic quantum tunneling that advances the power of everyday digital communications and computing.

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The New Indian Express

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41 DAYS OF CRICKET IN 101 SHUBMAN'S UNFORGIVING SCHEDULE

Welcome to the world of Shubman Gill. By the time India's Test and ODI captain will have completed this winter's schedule, he will have logged enough airmiles to be eligible for the most premium frequent flyer programmes ever designed.

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