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Indian economy at crossroads

  • Q4 growth fueled by impressive fixed capital formation, aligning with private consumption.
  • Long-term trends show Indian economy resilient with growth likely under 6.5% annually.
  • Sectoral shifts in consumption toward capacity development, but challenges in distribution remain.
  • Manufacturing sector stagnant, challenge in share increase despite emphasis on employment.
  • Government urged to accelerate private investment, deregulation, and address sectoral challenges.

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