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India’s economic landscape is at an inflection point, driven by strategic reforms, resilient growth, and an ambitious vision for “Viksit Bharat 2047.” As the nation moves toward becoming a developed economy by 2047, the Economic Survey 2024-25 and the Union Budget 2025-26 provide a roadmap for sustainable, inclusive, and innovation-led growth, catering to the evolving needs of businesses, entrepreneurs, and investors.
In a dynamic global environment, India has demonstrated remarkable economic stability, with GDP growth projected at 6.4% for FY25, fueled by strong domestic demand, investment flows, and export momentum. The government’s commitment to fiscal prudence, with a fiscal deficit target of 4.4%, ensures macroeconomic stability while enabling capital formation and enterprise expansion.
In this spirit of knowledge sharing, we are pleased to present our latest publication;
- Macro-Economic Outlook: India’s GDP growth projected at 6.4% in FY25, with strong contributions from agriculture, services, and public investments.
- Four Engines of Consistent Development:
- Agriculture – Strengthening supply chains, credit access, and productivity.
- MSMEs & Startups – Credit expansion, tax incentives, and regulatory ease.
- Investments – Infrastructure push, FDI growth, and capital market reforms.
- Exports & Global Competitiveness – Enhancing market access and trade networks.
- Policy & Fiscal Strategy: Tax reforms, investment incentives, and a fiscal deficit target of 4.4% to maintain financial discipline while driving economic expansion.
- Business & Investment Roadmap: Emerging opportunities in manufacturing, digital transformation, and sustainability.
This publication is designed to help tax payers, businesses, investors, and entrepreneurs gain a deeper understanding of the evolving economic landscape, equipping them with strategic perspectives to emerging opportunities.
We hope these insights serve as a valuable resource in understanding India’s economic direction and policy implications. We welcome your thoughts and discussions on these key developments.
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This article is only a knowledge-sharing initiative and is based on the Relevant Provisions as applicable and as per the information existing at the time of the preparation. In no event, RMPS & Co. or the Author or any other persons be liable for any direct and indirect result from this Article or any inadvertent omission of the provisions, update, etc if any.
Published on: February 2, 2025