Despite cyclical downturn in India, govt unlikely to unleash any fiscal stimulus measures: Report
Budget with ET
Budget 2025 can position India as the world’s China Plus One hub with manufacturing prowess
Will India's robust GST kitty help Sitharaman stick to fiscal glide path?
Budget 2025’s starry aim: Does India need more funds to fuel its cosmic dreams?
The report highlighted that while rural growth remains fragile, it is showing signs of improvement compared to urban areas.
It said «India is in the midst of a cyclical downturn with base case GDP growth in FY26 at 6.1 per cent. Rural growth remains tenuous albeit better that urban».
Despite some positive developments in private capital expenditure (capex), the report noted that the recovery is unlikely to have a significant impact on overall growth.
The report also stated that the government is expected to maintain fiscal discipline, with a fiscal deficit target of 4.5 per cent of GDP by FY26. This implies a moderate capex growth of around 9-10 per cent. Any fiscal stimulus measures from the government are unlikely unless there is evidence of a prolonged economic slowdown.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A
