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GDP growth momentum intact, no need for additional borrowing so far: Govt sources
India's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth momentum. Government sources indicate no immediate need for extra borrowing. Disinvestment and asset monetisation are being pursued to boost non-tax revenue. Macroeconomic data will be reassessed in July. Reforms to boost foreign investment are planned.
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timesofindia.indiatimes.com
'GDP momentum intact, no need for extra borrowing': Centre plays down impact of Middle East crisis
The government remains confident about India's growth outlook despite rising fuel and fertiliser import costs triggered by the Middle East crisis, with official sources saying GDP…
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economictimes.indiatimes.com
GDP growth momentum intact, no need for additional borrowing so far: Govt sources
India's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth momentum. Government sources indicate no…
