Tag: GDP
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Government Initiatives Drive Increased Spending and GDP Growth, Says Finance Minister
Finance Minister Nirmala Sitharaman told Parliament that the government is using a multi-part strategy to boost consumption through demand support, higher incomes, and reforms, helping GDP growth. In a written reply to the Lok Sabha, she stated that policies like the new income tax exemption for incomes up to Rs 12 lakh, recent GST rate…