Monsoon Pivotal For Government To Manage Inflation & Growth In Pre-election Year
Approximately 50 percent of the country's net sown area relies on the monsoon rains, which also replenish water reservoirs
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Approximately 50 percent of the country's net sown area relies on the monsoon rains, which also replenish water reservoirs
A surge in investments that offset sluggish consumption to boost India's growth in 2022-23 is expected to power the economy in the current financial year as the government pushes ahead with... | June 1, 2023
By Ira Dugal MUMBAI (Reuters) - A surge in investments that offset sluggish consumption to boost India's growth in 2022-23 is expected to power the ec...
Gross fixed capital formation, which reflects investment, rose 8.9% in the January-March quarter and 11.4% for the full financial year
This, in turn, could reflect across sectors like construction, which have a multiplier effect on the economy by creating employment, eventually generating consumption demand, they said.