India Ratings and Research on Wednesday projected the Indian economy to grow at 6.6% in 2025-26, up from 6.4% in the current fiscal year. Ind-Ra believes investments will be a key growth driver for the Indian economy in FY26, like in FY22 and FY24. While the June quarter GDP growth of FY25 was impacted by the combination of a strong …
New Delhi: The Mahatma Gandhi National Rural Employment Guarantee Scheme, a vital safety net for the rural poor, is unlikely to receive increased funding in the FY26 budget. Allocations are likely to remain at FY25 levels, reflecting the government’s confidence in a recovering rural economy, two people aware of the matter said. Steady funding In contrast, FY25 funding has remained …
The covid-19 pandemic disrupted the finances of India’s states in the ongoing fiscal year. While most states could return to pre-pandemic output levels next year, their fiscal indicators are likely to remain strained for much longer, projections by the 15th Finance Commission show. Moreover, this was the first time a Finance Commission used 2011 population data instead of 1971 data …
