Overview

• India's real GDP growth reached 8.2% in FY24, with projections of 6.5-7% for FY25.
• Fiscal deficit reduced from 6.4% to 5.6% of GDP, driven by increased revenue receipts and capital expenditure.
• Manufacturing and services sectors showed significant growth, with notable increases in GVA and GST collections.
• Employment rates improved, with a decline in unemployment and rising female workforce participation.
• Energy transition challenges highlighted, emphasizing the need for advanced technologies and international cooperation.