Recovery postponed: Survey indicates private sector has become cautious

The Ministry of Statistics and Programme Implementation must be commended on making the effort to implement the recommendation

After recovering sharply from the pandemic-related disruption, the Indian economy is said to be returning to its normal growth path. It is estimated to have grown 6.5 per cent in 2024-25, and the current year’s projections are also around the same level. However, India needs to grow at a much higher rate to achieve the stated goals. To improve growth outcomes in a sustainable manner, activity needs to improve across segments. One of the highlights of the Indian economy in the post-pandemic period has been higher government capital expenditure. The objective was, along with supporting growth, to have higher capex