💨 Abstract
The SBI Mutual Fund report suggests that India's economic growth could increase from 6.3% in FY25 to 7% in FY26, primarily due to policy support in the upcoming Union Budget 2025. The report underscores the need for revenue expenditure enhancements and tax policy improvements. India faces a demand-side challenge despite a robust supply side, with banks and corporations ready to invest but lacking sufficient demand stimulus.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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