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flag India's consumption forecast to grow 6.2%, driven by lower taxes, rates, and good agriculture.

flag A new report predicts that India's consumption will grow by 6.2% in the upcoming fiscal year, supported by lower taxes, reduced interest rates, and favorable agricultural output. flag This growth is crucial as household spending makes up about 60% of India's GDP. flag A good monsoon could further boost rural consumption, though rising household debt is a concern that needs monitoring.

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