India Reviving and Accelerating: Budget 2022 : Rashtra News #India #Reviving #Accelerating #Budget Latest Sports News | Latest Business News ( News Source :Except for the headline, this story has not been edited by Rashtra News staff and is published from a economictimes.indiatimes.com feed.) Related searches : top business news today business news hindi world
For the last 60 years, manufacturing as a percentage of GDP has been between 14 and 18 percent, but that is now changing, says Canara Robeco’s Bhandwaldar
According to the ratings agency, the Indian government’s aggressive fiscal target for the next financial year is unlikely to result in any significant changes in the country s sovereign credit profile.
The interim budget of India reflects the country s economic aspirations as it aims to become the third-largest economy in the world. It sets a broad direction for the management of the economy, focusing on growth, inclusivity, and reinforcing a pro-competition stance. The budget steers clear of populism and emphasizes building capabilities and lowering entry barriers in the market economy. It promotes development in infrastructure, particularly in physical, digital, and social aspects.