
'Getting out of way' can help businesses: Economic Survey bats for deregulation
India TodayThe Economic Survey 2024-25 tabled by Finance Minister Nirmala Sitharaman cautioned the country to take proactive measures and strengthen its global supply chains to tackle uncertainties while boosting its economy. The survey projected that the Indian economy would grow between 6.3% to 6.8% in FY26, slightly down from the 6.4% growth rate in the current fiscal. In order to increase the domestic growth, the survey focused on four important areas, namely, deregulation, role of the private sector in nation building, energy transition and enhancing internal capabilities. The survey gave a cautious outlook for the next fiscal year stating that while domestic investment, lower inflation and output growth present growth opportunities, the country must remain cautious regarding external challenges.
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