💨 Abstract

The State Bank of India's report forecasts India's per capita GDP to reach Rs 2.35 lakh in FY25, growing by over Rs 40,000 in the last two years. Private consumption, particularly in healthcare, education, and hotel services, is a key driver of growth, with per capita private consumption growing at 6.6% in FY25.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖