Bharat Express

GDP Growth

The PLI schemes for 14 sectors are set to attract investments worth Rs 3 lakh crore to Rs 4 lakh crore in the coming years.

Global rating agency Fitch Ratings has raised India's GDP growth forecast for FY 2024-25 to 7.2%, up from its previous projection of 7%.

The projection is cited to enhance activities in real estate, renewable energy, and semiconductors among other sectors.

RBI anticipated 6.5% GDP growth in FY24, has predicted an increase of 8% between April and June.

The past nine years can be called the era of public welfare and nation-building, as during this period, the country has witnessed fundamental changes in its basic structure.

Private consumption remained weak, but growth exceeded analyst expectations, driven by government and private capital spending.