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Nitish Toprani

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

  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
Categories: Union Budget 2023
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