As India's demographic dividend transitions into a silver economy over the next three decades, it is essential that we invest in sectors that will provide opportunities for our youth and support a thriving workforce
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Capital expenditure provides a bigger and higher quality bang for the buck via 3x higher multiplier and should continue to keep India in good stead vis a vis the rest of the world
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"The optimism regarding growth prospects is also reflected in consumer and investor perceptions," according to the Monthly Economic Review report of the Department of Economic Affairs under the Finance Ministry
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On inflation, it said the government's efforts in managing retail inflation in 2023-2024 have been highly successful.
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