💨 Abstract

The Indian economy is expected to grow at a moderate pace of 6.5% in the next financial year (2025-26), according to economist Ajit Ranade. This slow growth is attributed to factors such as stagnant wage growth, low private investment, high interest rates, and inflation. The growth rate is insufficient to achieve India's objectives of inclusive growth, increasing per capita incomes, and securing livelihoods.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖