India poised for growth amid global uncertainty, says finance ministry

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New Delhi: Despite global turbulence, India’s economy remains resilient and a prime investment destination, with structural reforms and skill-driven policies poised to boost investor confidence, drive sustained growth, and enhance medium-term prospects, the finance ministry said in its April economic review released on Tuesday. Rising GST collections, higher e-way bill generation, improved consumer sentiment, and strong growth in services indicated strengthening economic activity, while rural demand remained steady with increased household consumption, the monthly report added. Trade challenges ahead However, the document, prepared by the finance ministry’s department of economic affairs, flagged rising challenges, particularly on the trade front. It...