Finshots
Finshots
February 3, 2025 at 11:20 AM
India’s economy is set to grow 6.3%–6.8% in FY26, driven by strong banking performance as loans are up, bad loans are at a 12-year low of 2.6%, and financial inclusion is rising. However, the booming stock market and growing mutual fund investments raise concerns about overconfidence. Plus, rising unsecured loans and household debt need monitoring. India’s global share in manufacturing is just 2.8% vs. China’s 28.8%, held back by weak R&D and inconsistent exports. While inflation is easing, food prices remain volatile. Also, 88% of the workforce faces skill gaps, prompting new government skilling initiatives. The big message? India’s growth is strong, but bold reforms are needed to achieve the Viksit Bharat 2047 vision. Can India turn these challenges into opportunities for long-term growth? Yes-👍 No-👎 Read today's newsletter to know the full story and follow Finshots for more! https://finshots.in/archive/the-economic-survey-2025-explained/
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