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January 31, 2023

5 Reasons India's economy could grow in FY24 (From the CEA presser)

Blog | Union Budget 2023
  1. Bank loans to companies across sectors have grown in double digits
  2. Private companies are investing more to increase production
  3. Digital infrastructure can add 0.6-1% to India's GDP growth
  4. Inflation should not be as big a problem as it was in 2022
  5. Moderate global slowdown could be favourable for India, means cheaper commodities, weaker dollar
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