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flag India's economic growth slows as government spending growth drops, with private sector seen taking the lead.

flag India's economic growth is slowing, with the government's capital expenditure growth projected at 10% for FY25, down from 30% annually between FY20 and FY24. flag Jefferies, a global financial firm, says the private sector must now drive investment. flag Recent tax relief for middle-class taxpayers could boost spending, but reducing the debt-to-GDP ratio to 51% by FY31 remains a key challenge.

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