Amid the evolving global developments and the recent trade and tariff-related uncertainties, India’s domestic economy continues to show signs of stability and resilience, said the Finance Ministry’s review for March.
Key indicators such as higher GST collections and increased E-way bill generation in Q4 FY25 suggest steady growth in economic activity, said the report.
“Consumer sentiment has shown improvement, with RBI’s latest survey reflecting a more positive outlook on current conditions and future expectations. Rural demand remains steady, with the majority of households surveyed by NABARD reporting increased consumption over the past year. The manufacturing sector is also seeing a revival.”