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DevMantra Times: 36th Edition 1st February 24

DevMantra Times: 36th Edition 1st February 24

Welcome you to the Thirty Sixth edition of Devmantra Times for the month of February 2024. We look forward to a Viksit Bharat under the dynamic leadership of our Prime Minister Shri Narendra Modi and various bold initiatives of the Government.

Fiscal Deficit Target Of 4.5% Of GDP By FY26 A Challenge: Fitch: India's government faces challenges in meeting its fiscal deficit target of 4.5% of GDP in FY26, according to global ratings agency Fitch. The agency predicts a 6.5% growth in the Indian economy in FY25, supported by 11% growth in government capex. The government has set a 5.1% fiscal deficit for FY25, down from 5.8% in FY24.

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