It’s Still Heavy Lifting By The Exchequer!
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
gross fixed capital formation
April 2024
March 2024
January 2024
December 2023
March 2022
India's economic boom resembles 2003-07: Morgan Stanley
"We are now seeing early signs of private capex gaining momentum," says Morgan Stanley.
It’s Not Double-engine Growth!
While India's consumption demand and trade deficit were a dampener, the gross fixed capital formation grew by a solid 11%, a double-digit growth for the first time in five quarter.
Capital asset formation in Q2FY24 hits record 35.3% of GDP
This is the highest level of asset creation in the Indian economy since 2009.
Mystery in GDP data! Why is Fixed Capital Asset formation receding?
A slowing trend in the gross fixed capital formation has wider ramifications on the future productivity of the economy.
