Correct option is B
The Correct Answer is: (b) Encouraging with strong momentum
Explanation:
The Economic Survey 2024–25 portrays India's private investment climate as encouraging and gaining momentum.
The Economic Survey 2024–25 portrays India's private investment climate as encouraging and gaining momentum.
It highlights that, despite global uncertainties, India has exhibited steady economic growth, with real GDP projected to grow by 6.4% in FY25, close to the decadal average.
This growth is supported by robust activity in sectors such as construction, electricity, gas, water supply, and other utilities .
Information Booster:
Private Final Consumption Expenditure: Estimated to grow by 7.3%, driven by a rebound in rural demand.
Industrial Sector Growth: Projected at 6.2%, supported by strong construction activities and utility services.
Services Sector: Expected to remain robust with a growth rate of 7.2%, driven by financial, real estate, and professional services.
Inflation: Retail headline inflation has softened from 5.4% in FY24 to 4.9% in April–December 2024, indicating a stable economic environment.
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