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National Institute of Public Finance and Policy

Kumari Sonali

National Institute of Public Finance and Policy:

The National Institute of Public Finance and Policy (NIPFP) has revised its growth forecast for India to 6.9-7.1% for FY25, citing a notable moderation in growth during the June quarter. This slowdown is attributed to a significant contraction in net exports and reduced government consumption due to the implementation of the model code of conduct.

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