"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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The bank commenced operations in 2017, boasting a balance sheet of Rs 10,000 crore, which has since surged to Rs 1.25 lakh crore. The workforce has expanded from a mere 3,000 to 46,000 within that timeframe, he added
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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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Only 39 million women employed compared to approximately 361 million men in India, which calls for the essential financial independence for women
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