Govt plans to decrease finances hole by a minimum of 50 bps, increase capital spending as a lot as 20% in FY25: sources

India is planning to decrease its finances deficit by a minimum of 50 foundation factors in 2024/25 from this yr’s goal of 5.9 per cent of gross home product (GDP), whereas additionally seeking to increase capital spending by as a lot as 20 per cent, two authorities officers stated. Additionally learn: Indian economic system estimated … Read more