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Private capex not tepid, may grow over 10% in FY24: KV Subramanian

Consumption will come with a lag and sustained growth in consumption will come with investment, the former chief economic advisor has said ....

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finance ministry: India on path of fiscal consolidation, says finance ministry

India is on a path of fiscal consolidation, and the general government debt is expected to substantially decline in the medium to long term, according to the finance ministry. It responded to the International Monetary Fund s (IMF) staff report, stating that the general government debt could be 100% of GDP by FY28, clarifying that this was a worst-case scenario and not a fait accompli. ....

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IMF Executive Director KV Subramanian Praises India s GST Revenue Robust GDP Growth - BW Businessworld

On the front of India s Gross Domestic Product (GDP), Subramanian expresses great satisfaction with the growth trajectory.

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