Question
What is the projected GDP growth rate for India in FY
2025, as per the report by Axis Bank, and what factor is mentioned as a key driver for sustaining growth?Solution
The report by Axis Bank projects India's GDP growth to slow down to 6.5% in FY 2025. The key drivers for sustaining growth, as highlighted in the report, include fiscal discipline, infrastructure development, and capital expenditure. These factors are deemed crucial to support economic growth amid escalating global challenges and uncertainties.
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