India’s GDP Growth Forecasted Strongly

03 Oct 2024 CW Team

India is poised for significant economic growth, with projections indicating a GDP increase of 7.5% for the fiscal year 2024-25, according to Amitabh Kant, CEO of NITI Aayog. He emphasized that the country's focus on infrastructure development and structural reforms will be crucial in driving this growth. Kant pointed out that the nation has witnessed unprecedented investment in infrastructure, which he considers the backbone of economic progress.

The government's commitment to substantial public and private sector investment is evident, with plans for the creation of world-class infrastructure. Initiatives such as the Gati Shakti framework aim to streamline logistics and enhance connectivity across the country, fostering an environment conducive to business and trade. These efforts are expected to not only improve economic efficiency but also generate employment opportunities, thus boosting consumer spending.

Kant also noted that the government's emphasis on sustainable practices, particularly in renewable energy and green technologies, will play a vital role in shaping India's economic landscape. By aligning growth strategies with sustainable development, India aims to attract foreign investments and enhance its position in the global economy.

Moreover, the anticipated reforms in various sectors, including taxation and governance, are expected to provide a more conducive environment for businesses. The overarching goal is to achieve a balanced and inclusive growth trajectory that will benefit all segments of society.

In conclusion, with a robust focus on infrastructure and necessary structural reforms, India is well-positioned to achieve its ambitious GDP growth target, ultimately leading to a more resilient economy.

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..