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India's public-private partnership (PPP) framework needs to move from transaction-centric execution toward system-level market building, with a sharper focus on reducing structural uncertainty, the Economic Survey 2025-26 suggested on Thursday. The pre-Budget document tabled in Parliament further said that this requires clearer sectoral pipelines with multi-year visibility, a tighter linkage between national programmes and bankable project preparation, as well as disciplined pre-construction risk closure by the public authority. The Survey noted that PPP outcomes have been weakest where land acquisition, statutory clearances, demand assessment, or utility shifting have remained unresolved. In the coming decade, it said a credible PPP regime will be defined less by risk transfer on paper and more by the State's capacity to absorb early-stage risks that private capital cannot efficiently price. "Accordingly, India's PPP framework needs to move from transaction-centric execution towar
India's economy could reach USD 20.7 trillion in terms of purchasing power parity (PPP) by 2030 and may emerge as the second-largest economy by 2038 with USD 34.2 trillion GDP, an EY report said on Wednesday. The report also said that with appropriate countermeasures, India can limit the adverse impact of higher US tariffs on selected Indian imports to about 10 basis points of real GDP growth. India is emerging as one of the most dynamic among the world's five largest economies, with strong economic fundamentals including high savings and investment rates, favourable demographics, and a sustainable fiscal position, said the the August 2025 issue of EY Economy Watch. Despite global uncertainties such as tariff pressures and slowing trade, India's resilience stems from its reliance on domestic demand and increasing capabilities in modern technologies, it said. The report examines the comparative economic profile of the five largest economies against the backdrop of US tariff ...
The Pakistan Muslim League-Nawaz and the Pakistan Peoples Party have struck a power-sharing deal to form a coalition government led by ex-prime minister Shehbaz Sharif, a move that could effectively keep their arch-rival Imran Khan out of power after the controversial elections. Both the PML-N and the PPP won fewer seats in Parliament than candidates backed by jailed former prime minister Imran Khan in an election mired in controversies, including vote rigging. Khan, who could not contest the February 8 elections due to his convictions in some cases, including that of corruption, has been barred from holding any public office for 10 years. At a joint news conference here late Tuesday night after marathon negotiations, Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari announced that Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif, 72, will assume the role of the prime minister once again. Similarly, PPP co-chairman Asif Ali Zardari, 68, will be the joint ...