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According to CRISIL, The Indian economy is expected to grow at an average rate of 6.7 per cent per annum until the end of the decade. • The economy will grow at this rate between the financial years 2024 to 2031, a notch above the pre-pandemic average of 6.6 per cent. • According to CRISIL, the key contributor to this trend will be capital. • The government increased capital expenditure significantly to support building expenditure and providing interest-free loans to states to bolster their own investment efforts, the report said. •After a robust 7.3 per cent growth this fiscal, there will be moderation to 6.4 per cent in the next financial year. • In India, the inflation level of 5.7 per cent in December 2023 was driven solely by volatile vegetable prices and foodgrain inflation. Learn Along: About CRISIL Headquarters: Mumbai Founded: 1987
The working principle of an electrical transformer is based on which concept?
Which country recently hosted the 46th Antarctic Treaty Consultative Meeting?
Losar Mela is related to which of the following tribes in Uttarakhand?
Which Indian shipyard will build a Research Vessel for DRDO in a deal worth Rs.500 crore?
How much funding did the World Bank approve to help Pacific Islands maintain access to the global financial system?
What is the name of the app developed by the Election Commission of India used for reporting violations of the model code of conduct?
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Who has recently been appointed as the brand ambassador of UNICEF India?
What name has Prime Minister Narendra Modi suggested for the old Parliament House?
Which statement about the transition from the Planning Commission to the NITI Aayog (National Institution for Transforming India) is not correct?