Number Theory: Demand, welfare, growth — The Budget’s trilemma
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The National Statistical Office (NSO) released the first advance estimates for GDP for the current financial year on 7 January. When seen from a year-on-year perspective, India’s economy is expected to lose significant momentum in 2024-25. From 8.2% in 2023-24, GDP growth rate is expected to fall to 6.4% in 2024-25.

Demand, welfare, growth — The Budget’s trilemma

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