archiveUnion Budget

Despite multiple challenges and uncertainties, India’s Gross Development Product (GDP) growth rate has rebounded, largely driven by the services sector, which accounts for approximately 55 percent of the current GDP, according to the Ministry of Statistics and Programme Implementation. This growth is particularly notable in the IT sector, which contributes about 56 percent of India’s total services exports on the national landscape, as per a report by the Global Trade Research Initiative (GTRI).As reported by World Bank, the US$3.5 trillion Indian economy enters 2025 with immense potential in areas such...