FICCI cuts India's GDP growth estimate to 6.4% for FY25

FICCI has revised India's GDP growth projection for 2024-25 down to 6.4% from 7%. The agriculture, industry, and services sectors are expected to grow at 3.6%, 6.3%, and 7.3% respectively. Economists emphasize fiscal consolidation and boosting private consumption, while also focusing on manufacturing incentives and export support amidst external challenges.