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Podcast: businessline's State of the Economy Podcast
Episode: Theme: Macroeconomy | How will the election season influence India's economic indicators?|
Description: In the latest episode of the State of Economy podcast, businessline’s Shishir Sinha discusses with DK Srivastava,Chief Policy Advisor, EY, recent data releases, particularly focusing on GST numbers and the PMI manufacturing index, both showcasing substantial growth. Srivastava interprets these indicators as reflections of the Indian economy's buoyancy in the last quarter of FY24, with manufacturing PMI at 59.1 and GST collections reaching a record high of 1.78 lakh crore in March 2024. These figures suggest that the GDP growth estimates for FY24, set at 7.6%, could potentially be surpassed, hinting at robust economic performance. As the conv...