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India's growth momentum firm despite challenges: Finance ministry
Despite external challenges, India’s economy is expected to grow at 6.5 per cent in FY25, driven by strong agricultural output and a resilient service sector, a department of economic affairs report said. Retail inflation eased to 3.6 per cent in February this year—a seven-month low, while agricultural production estimates indicate continued stability, it said. Employment trends stay stable.
Despite external challenges, India’s economy is expected to grow at 6.5 per cent in FY25, driven by strong agricultural output and a resilient service sector, a department of economic affairs report said.
Retail inflation eased to 3.6 per cent in February this year—a seven-month low, while agricultural production estimates indicate continued stability, it said.
Employment trends stay stable.
