- GDP Growth Deceleration
- Q1 FY25: 6.7%
- Q2 FY25: 5.4%
- Despite the slowdown, the government remains optimistic, with an average GDP growth of 8.3% over the past three years.
- Focus Areas for Growth
- Continued government investment in infrastructure and fiscal measures to boost disposable income and consumption.
- Disposable income is the amount of money an individual or household has left after paying taxes and other compulsory payments to the government.
- Continued government investment in infrastructure and fiscal measures to boost disposable income and consumption.
- Recommendations
- Advocate for the development of infrastructure.
- Tax benefits for the salaried class and more incentives for new investments.
- Hassle-free business transactions and reduced compliance burdens.
