The Economic Survey, which pegs India's FY25 real GDP between 6.5 and 7 percent, has identified agriculture and “education-employment” among six key areas for growth in Amrit Kaal.
Here are the six areas that the survey, tabled in Parliament by Finance Minister Nirmala Sitharaman on July 22 a day ahead of the budget, said would need to be worked on for the growth push.
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Growth Strategy for Amrit Kaal Outlined: Six Key Focus Areas
The government has unveiled its growth strategy for the Amrit Kaal, focusing on six critical areas to drive economic progress and sustainability.
Boosting Private Investment: The strategy emphasizes a deliberate focus on increasing private sector investment to stimulate economic growth.
Expanding MSMEs: Prioritizing the growth and expansion of India’s Mittelstand (Micro, Small, and Medium Enterprises) is highlighted as a strategic priority, recognizing their significant role in the economy.
Agriculture as a Growth Engine: The government aims to unlock the potential of agriculture as a major growth driver by removing existing policy impediments.
Green Transition Financing: Securing financing for India's green transition is identified as essential for sustainable development and environmental protection.
Bridging the Education-Employment Gap: Addressing the disconnect between education and employment is crucial to ensure that the workforce is equipped with relevant skills.
Building State Capacity and Capability: A focused effort is required to enhance the capacity and capability of state institutions to effectively implement policies and drive growth.
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