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Finance Secretary TV Somanathan confident nominal GDP growth is unlikely to be below 10.5%

Finance Minister kept the nominal growth target unchanged at 10.5% for 2024-25, finance secretary, TV Somanathan in an interview to Moneycontrol said he expects real growth between 6.5-7 % for FY 25
Can't cap fiscal deficit at 4.8%; polls to up costs: ICRIER

Shankar Acharya of ICRIER is skeptical on government's abilities to meet the fiscal deficit target of 4.8 percent. He also feels that key investment decisions may be delayed due to upcoming elections.

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Gross Domestic Prodcut

Finance Secretary TV Somanathan confident nominal GDP growth is unlikely to be below 10.5%

Can't cap fiscal deficit at 4.8%; polls to up costs: ICRIER