Latest Breaking News On - Government final consumption expenditure - Page 3 : comparemela.com

The Indian economy is expected to grow at a rate of 7.3% in the fiscal year 2023-24, surpassing earlier forecasts by the IMF, RBI, and research firms. The growth is driven by government investment and spending, making India the world s fastest-growing major economy. However, concerns remain about the low private consumption growth and the tepid nominal GDP growth, which could impact tax collections and fiscal deficit. The sector-wise breakdown shows an increase in manufacturing, while agriculture and trade sectors have seen a decline in economic momentum. | Latest News India

Pranjul bhandariCommunication servicesCentre for monitoring indian economyNational statistical officeUnion budgetInternational monetary fundReserve bankFinal consumption expenditureMonitoring indian economyGovernment final consumption expenditureFixed capital formationIndia economist pranjul bhandariRevised estimateInterim budgetIndian economyGdp growth