!["India's Growth Story: Resilience Amid Challenges 🌟India has maintained stable growth in real GDP at 6.4% in 2024-25, de...](https://img5.medioq.com/431/215/1078299994312152.jpg)
18/01/2025
"India's Growth Story: Resilience Amid Challenges 🌟
India has maintained stable growth in real GDP at 6.4% in 2024-25, despite global and domestic challenges. This shows resilience, but there are key areas that need urgent attention to ensure sustained progress:
Manufacturing Slowdown: Manufacturing growth has dropped sharply from 9.9% to 5.3%. This highlights the urgent need for new policies to boost industrial competitiveness and drive growth.
Delayed Capital Expenditure: By the eighth month of 2024-25, only 46.2% of the capital expenditure target was achieved. The government must step up efforts to accelerate investments and stimulate economic activity.
Looking ahead to 2025-26, sustained growth will require:
Encouraging Private Investments: Simplifying rules and providing incentives for investments in infrastructure, green energy, and manufacturing sectors.
Boosting Exports: Implementing trade policy reforms to make Indian export sectors globally competitive and expand the country's global relevance.
Focusing on Long-term Goals: Prioritizing education, healthcare, and infrastructure to achieve balanced and inclusive growth, paving the way for India to reach developed-country status.
💡 Discussion:
How can public capital spending be accelerated without discouraging private sector participation?
Which reforms are most critical to reviving manufacturing and sustaining growth?
Let’s discuss and share ideas in comment box
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