Author: Unknown
Published on: 01/02/2025 | 08:25:29
AI Summary:
Finance Minister Nirmala Sitharaman says the government is aiming for a fiscal deficit of 4.4% of India’s gross domestic product for the 2025-26 financial year. The world’s fifth-largest economy is expected to post its slowest growth in four years due to a sluggish manufacturing sector, persistent food inflation, stagnant job growth and weak urban consumption. Youth unemployment was 7.5% in January, underscoring the challenge of delivering jobs in a country of more than 1.4 billion people. To boost productivity across the agriculture sector, the Indian government will launch a nationwide program to push high-yielding crops.
Original: 551 words
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