Eco momentum remains intact: Finance ministry

India maintains strong economic activity with a projected real GDP growth of 6.5-7% for FY25, even with erratic monsoon patterns. The finance ministry's recent report highlights increased GST collections as a key factor. The Union Budget FY25 outlines a fiscal consolidation path, supporting ongoing economic stability and growth.

Aug 23, 2024 - 03:00

Eco momentum remains intact: Finance ministry

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India maintains strong economic activity with a projected real GDP growth of 6.5-7% for FY25, even with erratic monsoon patterns. The finance ministry's recent report highlights increased GST collections as a key factor. The Union Budget FY25 outlines a fiscal consolidation path, supporting ongoing economic stability and growth.