On January 8th, Jinshi Data reported that the recovery of consumer demand will be crucial to the prospects of India's GDP rise. They stated that while there are reports of a slowdown in urban consumption, rural demand may drive consumption. The rise of a healthy agriculture and the decline in food prices may boost consumption in the coming months. Increased consumption will also help attract investment, which is another key issue in GDP data. In a situation where private capital expenditure cannot continue to rise, the support of government capital expenditure is crucial for supporting the overall investment environment in the economy.
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On January 8th, Jinshi Data reported that the recovery of consumer demand will be crucial to the prospects of India's GDP rise. They stated that while there are reports of a slowdown in urban consumption, rural demand may drive consumption. The rise of a healthy agriculture and the decline in food prices may boost consumption in the coming months. Increased consumption will also help attract investment, which is another key issue in GDP data. In a situation where private capital expenditure cannot continue to rise, the support of government capital expenditure is crucial for supporting the overall investment environment in the economy.