Finance Secretary Ajay Seth recently underscored India’s economic strength and forecasted growth ranging from 6.3% to 6.8%, pointing out robust tax collections as a key factor. He emphasized the significance of fiscal consolidation, urging states to focus on capital expenditure rather than revenue deficits. Additionally, Seth highlighted the necessity for a more impartial World Governance Index and advocated for a global move towards energy security rather than immediate energy transition objectives.
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India’s Finance Secretary projects 6.3-6.8% growth, emphasizes fiscal discipline and global energy security in economic outlook.
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