Does The Budget 2025 Have The Bandwidth To Resurrect Growth? Systematix' Analysis

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Systematix Research Report

India’s macroeconomic outlook is constrained by sluggish corporate profits, weak private capex, declining household incomes and peak leveraged consumption, raising concerns ahead of the 2025-26 Budget.

Despite efforts to pivot towards pro-employment intent, fiscal tightening and elevated public debt could limit the government's ability to drive growth.

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