Modi 2.0: Can India’s re-elected PM deliver on the economy?
5 years, 7 months ago

Modi 2.0: Can India’s re-elected PM deliver on the economy?

Al Jazeera  

The prime minister will have to boost spending in his second term even as the government’s finances worsen. “Greater public investment is precisely the need of the hour; there’s no need for such ‘fiscal orthodoxy’,” R Nagaraj, an economist at the Indira Gandhi Institute of Development Research, told Al Jazeera. Nagaraj points to India’s debt to GDP ratio, which at 67 percent according to IMF data, is “one of the lowest among emerging economies” and significantly below China’s. “Manufacturers will need to reclaim the domestic market,” suggests Nagaraj, adding that this will help India become a less import-dependent economy while supporting the sector’s growth. “Our version of the Lehman Brothers collapse is happening right now and should be the government’s most pressing concern,” says Mukherjea, referring to the credit vacuum created by the fall of IL&FS.

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History of this topic

India to lead South Asia’s Economic Growth in 2025 says UN Report
4 days, 19 hours ago

India to lead South Asia’s Economic Growth in 2025 says UN Report

Deccan Chronicle  

Mumbai: The Indian economy is projected to expand by 6.6 per cent in 2025 and 6.8 per cent in 2026, primarily supported by robust private consumption and investment, export growth in services and certain manufactured goods according to a United Nations World Economic Situation and Prospects Report 2025. According to the report, the near-term outlook for South Asia is expected …

​Growth chill: On the economy
6 days, 16 hours ago

​Growth chill: On the economy

The Hindu  

The National Statistics Office has confirmed emerging fears about the economy’s evidently sluggish trajectory through this year in its first Gross Domestic Product estimates for 2024-25. While the election-focused first quarter hit public capital spending, the second quarter was marred by weak demand and still underwhelming public capex, dragging GDP growth to a seven-quarter low of 5.4%. The NSO’s projection …

India’s 2025-26 budget should aim to engineer an economic transformation
1 week, 3 days ago

India’s 2025-26 budget should aim to engineer an economic transformation

Live Mint  

While annual budgets are routine affairs in advanced economies, they hold special significance in emerging markets, particularly in India. Against this backdrop, the 2025-26 budget must address three critical pillars that will shape India’s journey towards developed-nation status, each presenting unique challenges and opportunities that demand careful policy calibration. First, India would need to maintain an 8% growth rate in …

India’s 2025-26 budget should aim to engineer an economic transformation
1 week, 3 days ago

India’s 2025-26 budget should aim to engineer an economic transformation

Live Mint  

While annual budgets are routine affairs in advanced economies, they hold special significance in emerging markets, particularly in India. Against this backdrop, the 2025-26 budget must address three critical pillars that will shape India’s journey towards developed-nation status, each presenting unique challenges and opportunities that demand careful policy calibration. First, India would need to maintain an 8% growth rate in …

A sombre December manufacturing PMI curbs enthusiasm
Trending News
1 week, 6 days ago

A sombre December manufacturing PMI curbs enthusiasm

Live Mint  

The pace of business activity in India’s manufacturing sector is slowing, dimming hopes for those rooting for a sharp rebound in gross domestic product growth. Read this | New consumption survey reveals the cracks in the economy Remember, pent-up urban consumption demand coupled with a surge in retail credit from banks were among the key factors that led to sharp …

Can India become the world’s third superpower? It faces huge challenges in 2025
2 weeks ago

Can India become the world’s third superpower? It faces huge challenges in 2025

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Yet in a test to Modi’s ambitious plans, India’s …

Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte
2 weeks, 3 days ago

Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte

Live Mint  

New Delhi, Dec 29 Indian economy is likely to grow at 6.5-6.8 per cent this fiscal and slightly higher between 6.7-7.3 per cent in FY2026, boosted by domestic consumption, Deloitte said on Sunday. Deloitte India Economist Rumki Majumdar said the growth in the first half of the fiscal year 2025 turned out to be slower than estimated as election uncertainties …

India’s budget needs to address three medium-to-long term priorities
2 weeks, 6 days ago

India’s budget needs to address three medium-to-long term priorities

Live Mint  

As we approach the new year, preparation of the annual budget is proceeding in earnest. Apart from the annual balancing of expenditure, revenues and the deficit, the next budget will hopefully address some medium-to-long term priorities, as there is no other policy document that can address these concerns in the post-Five Year Plan era. Muted growth during the last two …

VP: India Will Emerge as 3rd Biggest Economy Soon
2 weeks, 6 days ago

VP: India Will Emerge as 3rd Biggest Economy Soon

Deccan Chronicle  

Medak: Vice President Jagdeep Dhankhar on Wednesday said that Prime Minister Narendra Modi raised the vocal for local slogan inspired by Mahatma Gandhi’s Swadeshi movement. India will emerge as the third biggest economy in the world by overcoming Japan and Germany soon, he said, adding interest in foreign goods would adversely affect the country. Speaking at the natural and organic …

India will benefit from cooperation not by turning away from its neighbor: China Daily editorial
4 weeks, 2 days ago

India will benefit from cooperation not by turning away from its neighbor: China Daily editorial

China Daily  

In his meeting with President Xi Jinping on the sidelines of the BRICS Summit held in Kazan, Russia, on Oct 23, Indian Prime Minister Narendra Modi noted that maintaining the steady growth of India-China relations was critical for the two countries and peoples. Against a complex international landscape, cooperation between India and China, two engines of economic growth, could help …

India can be a $9 trillion economy by 2030: Arvind Panagariya
1 month ago

India can be a $9 trillion economy by 2030: Arvind Panagariya

Live Mint  

India is poised to surpass the position of the world's third-largest economy by 2030, with its gross domestic product expected to expand to $6.5-9 trillion, said Arvind Panagariya, the chairman of the 16th Finance Commission of India, on Thursday. Speaking at the Times Network India Economic Conclave 2024, Panagariya, former vice chairperson of NITI Aayog, said the Indian economy, despite …

Govt confident of economic rebound despite global challenges, says Piyush Goyal
1 month ago

Govt confident of economic rebound despite global challenges, says Piyush Goyal

Live Mint  

New Delhi: Despite global uncertainties owing to supply-chain disturbances following the Red Sea crisis, union commerce and industry minister Piyush Goyal has said he was confident that India's economic growth would be back on track by the end of the fiscal year. Speaking at Times Network’s India Economic Conclave on Thursday, Goyal said, "There was an election in the first …

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P
1 month ago

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P

Firstpost  

In its India outlook for 2025, S&P also retained India’s growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26 S&P Global Ratings on Tuesday said the Indian economy is set for “resilient growth” in 2025 and projected inflation pressure to recede which will lead to “modest” easing of the monetary policy by …

Economists ask Finance Minister to focus on growth rather than fiscal consolidation
1 month, 1 week ago

Economists ask Finance Minister to focus on growth rather than fiscal consolidation

New Indian Express  

NEW DELHI: With the second quarter GDP growth falling to a 7-quarter low of 5.4%, economists have asked the government to shift its policy focus to growth rather than fiscal consolidation. In a pre-budget meeting with finance minister Nirmala Sitharaman on Friday, a delegation of economists suggested the government readdress the pace of fiscal consolidation and take measures to boost …

India’s GDP growth shocker: Bad news can be good too
1 month, 1 week ago

India’s GDP growth shocker: Bad news can be good too

Live Mint  

India’s growth in gross domestic product of 5.4% in the three months ended 30 September, or the second quarter of 2024-25, was a shocker. It’s the lowest level seen since the third quarter of 2022-23 and a sharp drop from 8.1% growth in the same period last year and also from 6.7% in the first quarter of 2024-25. Given the …

Congress criticises PM with 'voodoo economics' jibe over slowing GDP growth
1 month, 1 week ago

Congress criticises PM with 'voodoo economics' jibe over slowing GDP growth

India Today  

Congress on Tuesday took a dig at the central government over the GDP growth slowing to a near two-year low and said that Prime Minister Narendra Modi's "voodoo economic policies" put India in the middle of a vicious economic cycle of low growth, no jobs, low income and high prices. "Thanks to Narendra Modi and his voodoo economic policies, India …

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor
1 month, 1 week ago

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor

Deccan Chronicle  

New Delhi: In line with the Economic Survey, India's chief economic advisor V Anantha Nageswaran on Monday said that the country's potential GDP growth is in the range of 6.5-7 percent and the country should be able to achieve it on the back of things that have already happened in the last 10 years whether it is in terms of …

Rahul Gandhi slams govt over decline in India's GDP growth, calls for economic reforms
1 month, 2 weeks ago

Rahul Gandhi slams govt over decline in India's GDP growth, calls for economic reforms

India TV News  

Leader of Opposition in the Lok Sabha, Rahul Gandhi, expressed grave concern over India's economic slowdown on Sunday, highlighting that the country's Gross Domestic Product growth rate has plummeted to its lowest in two years, standing at just 5.4 per cent. Gandhi attributed this downturn to an economy that, according to him, disproportionately benefits a small group of billionaires, while …

Under Trump, India can find a way to become manufacturing powerhouse: Fareed Zakaria
1 month, 3 weeks ago

Under Trump, India can find a way to become manufacturing powerhouse: Fareed Zakaria

India Today  

Veteran journalist and geopolitical expert Fareed Zakaria offered a comprehensive analysis of Donald Trump’s second term as US President, highlighting its global implications, particularly for India. US policy toward India for the last 25 years has been remarkably consistent and upward moving, and so I think what you're likely to see with India is the continuation of that upward moving …

India to contribute 20 pc of global workforce growth between 2023-2050, China share to decline: Report
1 month, 3 weeks ago

India to contribute 20 pc of global workforce growth between 2023-2050, China share to decline: Report

Live Mint  

New Delhi, : India is set to play a pivotal role in global workforce growth, contributing 20 per cent of it between 2023 and 2050, according to a report by Angel One Wealth. It said "By 2030 high-income households are expected to triple, while middle-income households will nearly double making India the fastest-growing nation in terms of per capita income". …

'Double engine' of private investment, mass consumption derailed under Modi government: Congress
2 months ago

'Double engine' of private investment, mass consumption derailed under Modi government: Congress

New Indian Express  

Congress general secretary in-charge communications Jairam Ramesh urged the government to accept what the Congress has been proposing - raising MGNREGA wages to a minimum of Rs.400 per day, guaranteeing MSP and a loan waiver for farmers, and a monthly income support scheme for women - to kickstart income growth in rural India. Last week, several CEOs from India Inc …

India growth slows to 6.7% on lower consumer spending
4 months, 2 weeks ago

India growth slows to 6.7% on lower consumer spending

Hindustan Times  

India's economic growth slowed to 6.7 percent on-year in the April-June quarter, official data showed Friday, as lower government outlays and lacklustre consumer spending weighed on the world's fifth-largest economy. India growth slows to 6.7% on lower consumer spending Friday's reading still places the world's most populous country among the fastest-growing major economies globally. Year-on-year gross domestic product grew at …

India's GDP grows by 6.7 percent in Q1: Govt report
4 months, 2 weeks ago

India's GDP grows by 6.7 percent in Q1: Govt report

Hindustan Times  

India's gross domestic product slowed to a five-quarter low of 6.7 per cent in April-June this fiscal against 8.2 per cent in the year-ago period, mainly due to poor showing by the farm sector, according to government data. India's GDP grows by 6.7 percent in Q1: Govt report India remains the fastest-growing major economy, as China's GDP growth in the …

How weak consumption growth is holding back the Indian economy's potential
5 months, 2 weeks ago

How weak consumption growth is holding back the Indian economy's potential

Hindustan Times  

Ashlesh —34-year-old former data entry operator at a small firm in Ghaziabad, and originally from the village of Ambar Nagar in Balrampur, in Uttar Pradesh — immediately wanted to make it big in life the day after he had lost his job. ‘As if there is no effect of the high growth here,” Ashlesh said, echoing concerns shared by Amit …

Modi vows to hold himself accountable for making India world’s 3rd-largest economy
5 months, 2 weeks ago

Modi vows to hold himself accountable for making India world’s 3rd-largest economy

Hindustan Times  

Prime Minister Narendra Modi on Tuesday vowed to hold himself accountable for making India the world’s third-largest economy in his third term and said he was pleased to say that great and consistent progress was being towards achieving the ambitious goal. I am holding myself accountable for my vow to make India the world’s third-largest economy in my third term,” …

Modi vows to hold himself accountable for making India world’s 3rd-largest economy
5 months, 2 weeks ago

Modi vows to hold himself accountable for making India world’s 3rd-largest economy

Hindustan Times  

Prime Minister Narendra Modi on Tuesday vowed to hold himself accountable for making India the world’s third-largest economy in his third term and said he was pleased to say that great and consistent progress was being towards achieving the ambitious goal. I am holding myself accountable for my vow to make India the world’s third-largest economy in my third term,” …

India has much to do to woo Chinese firms: China Daily editorial
5 months, 2 weeks ago

India has much to do to woo Chinese firms: China Daily editorial

China Daily  

Although the latest call from some Indian finance and industry officials to ease governmental restrictions on Chinese investment in India is a welcome sign, those Indian policymakers still hesitant to adopt that suggestion, citing an overreliance on China, need to know that even if New Delhi reopens its door to Chinese companies, India might not be able to recover the …

Budget 2024: Placing thrust on infrastructure
5 months, 3 weeks ago

Budget 2024: Placing thrust on infrastructure

The Hindu  

Finance Minister Nirmala Sitharaman accelerated the government’s thrust on the crucial infrastructure sector in her seventh successive Budget presentation and the first of PM Modi’s third term. A massive expansion in urban housing at an investment of ₹10 lakh crore, a rural roads programme worth ₹26,000 crore are among the major features of the big infrastructure push. The Indian economy’s …

India’s Modi focuses on jobs creation in first budget after winning polls
5 months, 3 weeks ago

India’s Modi focuses on jobs creation in first budget after winning polls

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi’s newly formed government presented an annual budget to Parliament that raises spending to generate more jobs and spur economic growth, while aiming to appease coalition partners it needs to stay in power. Modi said the budget will lead India toward “better growth and a bright future.” “Today’s budget will act as a …

PM Narendra Modi hails Economic Survey: ‘Highlights prevailing strengths of Indian economy’
5 months, 3 weeks ago

PM Narendra Modi hails Economic Survey: ‘Highlights prevailing strengths of Indian economy’

Hindustan Times  

Prime Minister Narendra Modi on Monday hailed the Economic Survey 2023-24 tabled by Union finance minister Nirmala Sitharaman, saying that it highlights the prevailing strength of Indian economy. Prime Minister Narendra Modi said the Economic Survey identifies areas for further growth and progress “The Economic Survey highlights the prevailing strengths of our economy and also showcases the outcomes of the …

China's economic growth sharply below forecast in last quarter as consumer demand weakens
6 months ago

China's economic growth sharply below forecast in last quarter as consumer demand weakens

India TV News  

China’s economy grew at a slower-than-forecast 4.7 per cent annual rate in the last quarter, the government said on Monday. The world's second-largest economy grew 4.7 per cent in April-June, official data showed, its slowest since the first quarter of 2023 and missing a 5.1 per cent analyst forecast in a Reuters poll. United Nations' projections for India The United …

India’s president inaugurates newly elected parliament and sets out economic reforms as a key agenda
6 months, 2 weeks ago

India’s president inaugurates newly elected parliament and sets out economic reforms as a key agenda

Associated Press  

NEW DELHI — India’s president inaugurated a new parliament on Thursday after national elections, listing the priorities of Prime Minister Narendra Modi’s government in coming years, including fast-tracking economic reforms and boosting small and medium-size enterprises to create jobs. President Draupadi Murmu said India’s economy grew the fastest among the world’s major nations at an average of 8% over the …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
6 months, 3 weeks ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

Road ahead for PM Modi, India in a China +1 world
6 months, 3 weeks ago

Road ahead for PM Modi, India in a China +1 world

Hindustan Times  

Though his party didn’t win the landslide victory he hoped for, Prime Minister Narendra Modi has secured a rare third five-year term as India’s PM. In addition, India’s media environment has become more polarised as many more people get their news online than when Modi was first elected a decade ago. The World Economic Forum’s most recent gender gap report …

India’s Modi urged to set ‘ambitious’ economic agenda after poll humbling
7 months ago

India’s Modi urged to set ‘ambitious’ economic agenda after poll humbling

Al Jazeera  

Indian Prime Minister Narendra Modi and his Bharatiya Janata Party campaigned on India’s sizeable economic expansion in the lead-up to the country’s recent national elections. Despite strong headline economic growth, nearly half of India’s population is still employed in the relatively unproductive agricultural sector – a share that rose during Modi’s second term, from 42.5 percent in 2018-19 to 45.8 …

India’s economic boom won’t be derailed by its election shock
7 months, 1 week ago

India’s economic boom won’t be derailed by its election shock

CNN  

New Delhi CNN — Narendra Modi has declared victory in India’s election but he’ll need the support of smaller parties to govern, a shock result that could make it harder for him to pass major economic reforms. India boomed during Modi’s first two terms as prime minister, leapfrogging the United Kingdom to become the world’s fifth biggest economy and growing …

Possible Modi third term said to likely see focus on economic reforms
7 months, 1 week ago

Possible Modi third term said to likely see focus on economic reforms

The Hindu  

Prime Minister Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it easier to hire and fire workers, according to two government officials familiar with the matter. As part of an election pledge to transform India into a global manufacturing hub, Mr. Modi wants to offer subsidies for …

Modi touts India’s roaring economy as he seeks reelection, but many feel left behind
7 months, 2 weeks ago

Modi touts India’s roaring economy as he seeks reelection, but many feel left behind

Associated Press  

SAMASTIPUR, India — Narendra Modi swept to power a decade ago on promises to transform India’s economy, and it would be hard to argue he hasn’t made strides. While campaigning this spring — the six-week-long election concludes Saturday — Modi has vowed to make India’s economy the world’s third-largest, trailing only those of the U.S. and China. Even as India’s …

Indian economy projected to grow 6.5% in 2024: UNCTAD
8 months, 4 weeks ago

Indian economy projected to grow 6.5% in 2024: UNCTAD

The Hindu  

India’s economy is projected to grow by 6.5% in 2024, according to a report by the UN which noted that multinationals extending their manufacturing processes into the country to diversify their supply chains will have a positive impact on Indian exports. “The expansion in 2023 was driven by strong public investment outlays as well as the vitality of the services …

India’s Modi vows to boost social spending, make country into a manufacturing hub ahead of election
9 months ago

India’s Modi vows to boost social spending, make country into a manufacturing hub ahead of election

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi on Sunday vowed to boost social spending, develop infrastructure and make India into a global manufacturing hub as companies shift away from China, as he unveiled his Hindu nationalist party’s election strategy. Modi promised to expand social programs introduced during his party’s 10-year rule, including millions of free homes for the poor, …

India’s opposition makes its election case, calling Modi an autocrat and promising aid to the poor
9 months, 1 week ago

India’s opposition makes its election case, calling Modi an autocrat and promising aid to the poor

Associated Press  

NEW DELHI — India’s main opposition party vowed to boost social spending and reverse what it views as a slide into autocracy as it laid out its campaign promises on Friday, two weeks before the start of a weeks-long, multi-phase general election. But critics say another term for the BJP could undermine India’s status as a secular, democratic nation, saying …

PM Modi sets ambitious India economic goals for probable third term
9 months, 1 week ago

PM Modi sets ambitious India economic goals for probable third term

Live Mint  

Indian Prime Minister Narendra Modi, confident of winning a national election starting this month, has set an ambitious target of roughly doubling the economy and exports this decade, according to a government document seen by Reuters. Independent economist Saugata Bhattacharya said doubling the economy by the end of the decade would be a "very difficult feat" requiring 6%-6.5% growth for …

Real GDP growth may hit 8% this fiscal year, signals FinMin
9 months, 3 weeks ago

Real GDP growth may hit 8% this fiscal year, signals FinMin

The Hindu  

India’s economy may well end up growing by about 8% this fiscal, outstripping the 7.6% real GDP growth projected by the National Statistical Office, the Finance Ministry signalled on Friday, citing the continuing momentum in economic activity in the ongoing final quarter of 2023-24. Despite risks such as “hardening crude oil prices” and “global supply chain bottlenecks to trade”, the …

GDP growth at 8.4 per cent in Dec quarter, PM Narendra Modi hails ‘strength, potential of Indian economy’
10 months, 2 weeks ago

GDP growth at 8.4 per cent in Dec quarter, PM Narendra Modi hails ‘strength, potential of Indian economy’

Hindustan Times  

Prime Minister Narendra Modi on Thursday took to social media platform X after government data showed that India's economy grew by 8.4 per cent in the December quarter. The growth rate of GDP during 2023-24 is estimated at 7.6 per cent compared to the growth rate of 7.0 per cent in 2022-23," the government statement added. The GDP at current …

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations
10 months, 2 weeks ago

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations

Hindustan Times  

Indian economy grew by 8.4 per cent in October-December 2023 against 4.3 per cent a year ago, government data showed on Thursday. India's GDP grows by 8.4 per cent in December quarter It had projected a growth of 7.3 per cent for the current fiscal in its first advance estimates released earlier in January 2024. Earlier in the day, the …

How India's economy under PM Modi offers 'real alternative' to China?
10 months, 2 weeks ago

How India's economy under PM Modi offers 'real alternative' to China?

India TV News  

New Delhi: While China is reeling under an economic slump bogged down by a property crisis, high youth unemployment and massive local government debt, India's stock market is hitting record highs as the value of companies surpassed $4 trillion in 2023, with strong FDI inflow and investments expected in the future, leading many experts to believe that New Delhi offers …

Modi govt's mismanagement has set economic transformation back by 20 years: Cong
10 months, 3 weeks ago

Modi govt's mismanagement has set economic transformation back by 20 years: Cong

Deccan Chronicle  

Underlining that economic growth means diversification of employment from agriculture to industry to services, the Congress on Saturday claimed that the progress achieved under Manmohan Singh's prime ministership in this direction has been reversed by the Narendra Modi government. The current dispensation's "mismanagement" has set the economic transformation back by 20 years, the party alleged.Congress general secretary Jairam Ramesh said …

India needs to grow at rapid rates to become $35 trn economy by 2047: Kant
10 months, 3 weeks ago

India needs to grow at rapid rates to become $35 trn economy by 2047: Kant

Business Standard  

"Our aim will be to become the cheapest producer, the cheapest exporter of green hydrogen and its liquid form ammonia and to be the biggest manufacturer of electrolyzer," he said | Photo: Bloomberg India will be the third largest economy by 2027 and it needs to grow at rapid rates to become a $35 trillion economy by 2047, the country's …

Every Labharthi Can Avail Govt Sops, Says Modi
10 months, 3 weeks ago

Every Labharthi Can Avail Govt Sops, Says Modi

Deccan Chronicle  

New Delhi/ Lucknow: Prime Minister Narendra Modi inaugurated 14,000 projects worth Rs 10 lakh crore on Monday. During his address at the event, Prime Minister Modi pointed out that there has been a notable shift state's investment climate where ‘red tape’ has been replaced by ‘red carpet’ for investors. He underscored his government's commitment to honouring deserving individuals, citing the …

Large part of ₹11 trillion capex for FY25 to flow into energy sector: PM Modi
11 months, 1 week ago

Large part of ₹11 trillion capex for FY25 to flow into energy sector: PM Modi

Live Mint  

Goa: The Centre will allocate a substantial part of the budgeted capital expenditure for fiscal year 2024-25 to the energy sector, as the country strives to meet rapidly growing demand and achieve climate goals, Prime Minister Narendra Modi said on Tuesday. India's energy demand is projected to double by 2045, placing the country at the helm of shaping global energy …

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