Stargazing into 2025, Confronting India's Economic Challenges

India stepped into 2025 amid slowing growth, rising unemployment, and global challenges. With GDP growth at 6.6%, the upcoming budget must prioritise bold reforms to boost exports, green energy, job creation, and investments

India entered 2025 facing economic headwinds, unemployment crisis, and global uncertainties. India's GDP growth is projected at 6.6%, underscoring the critical need for the upcoming budget to implement strategic reforms. Expected reforms include boosting exports, green energy, and investments in AI, chip-making, and agriculture. MSMEs and infrastructure need urgent support to counter challenges like delayed GST refunds and liquidity crunch. Addressing global tariff walls and the depreciating rupee will also be vital. Amid these hurdles, policies must focus on creating jobs, fostering inclusivity, and driving economic resilience. These measures will define India’s trajectory toward its 2047 goal of becoming a developed nation.

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