 "Overenthusiasm about India was so 2024. The Budget's task is to revive flagging momentum")
In the past weeks and months, it appears that a great deal of momentum has gone out of the India story. Restoring that momentum will have to be the primary target of this week’s Union Budget.
Around this time last year, there was confidence that India was out-performing along multiple economic indicators. But that may no longer be the case. Growth, for example, while still high by global standards, will likely slow to the lowest level since the year of the pandemic.
Even though official growth numbers are no longer as trusted as they once were, other indicators seem
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
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