@AMR1T1 Gauba committe reforms, REPM incentives, shipbuilding fund, QCOs removal, ECMS scheme, Shanti bill, Jan Vishwas 2.0, ISM 2.0 and MPMS approvals, chemical parks cabinet approval, tax holiday for data centers.
@AMR1T1 SDHI (Pipavav): Strong traction with domestic and international orders.
CSL (Kochi): Undergoing a 5k crore expansion.
L&T (Kattupalli): Undergoing a 1k crore expansion.
Other Projects (HD Hyundai in TN, MDL in AP and TN, GSL in AP, Vadinar): Zero progress on ground.
@omarali50 India is consistently growing at 7%.
Capital-intensive manufacturing and services are doing well. Labour-intensive manufacturing remains sluggish, especially textiles, which is a major source of employment. Hence, the unemployment rate remains high, at around 6.5% (CMIE).
@ZhangSupremacy 2020 was Covid year, and high growth rates in 2021 and 2022 were largely due to the post-Covid recovery.
Since then, in 2023, 2024, and 2025, we've recorded growth rates of 7.2%, 7.1%, and 7.7%, respectively. We're on track for 7.5% in 2026 too.
@unrave20 IMF has zero credibility. For 2025-26 FY, their forecast was 6.2. Actual print came out at 7.7%.
Difference was 1% for 2024-25. Actual number was 7.1%.