According to a report published by the Ministry of Finance, the economic growth of the country may be close to seven percent in the coming financial year 2024-25.
Economy growth |
The report further states
Titled 'Indian Economy A Survey', the report said that there is no pre-Budget Economic Survey and that the report will be released before the full budget to be tabled after the Parli elections.
The paper is presented by officials from the office of Chief Economic Adviser Anantha Nageswaran.
Strong domestic demand has driven the country's economy to grow by more than seven percent over the past three years.
Due to the reforms and measures taken by the government over the last ten years, private consumption and investments and domestic demand have increased.
Distribution has also been strengthened by investing in infrastructure and measures aimed at boosting productivity. Together, these have provided impetus to the country's economic activities.
Thus, in the coming financial year 2024-25, the economic growth of the country will be close to seven percent. By 2030, the growth is more than seven percent May increase. The uncertain geopolitical environment is a matter of concern. This is stated.