 "Finance ministry pins hopes on festive season for growth momentum")
The finance ministry on Sunday said the festive months were expected to further boost economic growth after high frequency indicators showed improvement. It, however, cautioned that the spread of Covid-19 and an increase in precautionary personal savings posed risks to the prospects of economic expansion.
The Department of Economic Affairs in its Monthly Economic Review for September said critical reforms undertaken by the government would put India on a strong and sustainable growth path in the long run.
Amid criticism over the strained relations between the Centre and states, the report pointed out that the Union government had lent support
