India needs ₹1,094 lakh crore to achieve an 8-9% growth rate by 2036 under the Viksit Bharat plan. Of this, ₹323 lakh crore will come from banks and ₹643 lakh crore from the equity market. Domestic savings rates must rise to 33.5%. The government aims to become a $30 trillion economy by 2047.
Debt funds vs FD : Which one to choose post decline in interest rate by banks recently
A reddit user posted a query on the mutual fund community that as FD rates have dropped below 7%. Is it worth switching to debt
May 31, 2025