Economic Survey
STATE OF THE ECONOMY: GETTING BACK INTO THE FAST LANE
The global economy in 2024 exhibited steady but uneven growth, driven by contrasting sectoral performances and geopolitical pressures. Manufacturing output slowed globally, particularly in Europe and parts of Asia, due to supply chain disruptions and weak external demand.
MONETARY AND FINANCIAL SECTOR DEVELOPMENTS: THE CART AND THE HORSE
Chapter 2 of the Economic Survey 2024-25 highlights key monetary and financial sector developments in India. The chapter underscores the role of monetary policy and financial institutions in maintaining macroeconomic stability and supporting growth.