RBI projects 7 pc growth for next financial year
Mumbai (PTI): The Reserve Bank of India on Thursday projected a GDP growth of 7 per cent for 2024-25 financial year, which is lower than the 7.3 per cent expansion estimated for the current fiscal.
Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said rural demand continues to gather pace, urban consumption remains strong and investment cycle is gaining steam on the back of increased capex.
Das said there are signs of revival in private investments.
The real GDP for 2024-25 is projected to grow at 7 per cent, with June and September quarters growth at 7.2 per cent and 6.8 per cent, respectively.
The growth in December and March quarters is projected at 7 per cent and 6.9, per cent, respectively.
Das said domestic economic activity remains strong and growth in the current fiscal as per estimates by the NSO is 7.3 per cent.
"The momentum of 2023-24 is expected to continue in 2024-25 fiscal," Das said.
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AAP claims party's LS poll campaign song banned by EC
New Delhi (PTI): The AAP on Sunday claimed the Election Commission (EC) has imposed a ban on the party's Lok Sabha campaign song, 'Jail ke jawab mein hum vote denge', stating that it shows the ruling BJP and central investigation agencies in a bad light.
There was no immediate response from the poll panel to the AAP's claim.
Addressing a press conference, senior AAP leader Atishi said, "It is probably the first time that the EC has imposed a ban on a party's campaign song."
According to the EC, she said, the song shows the ruling party and investigation agencies in a bad light.
"The song does not mention the BJP and does not violate the Model Code of Conduct. It includes factual videos and incidents," she added.
Atishi, who is also a Delhi government minister, accused the EC of not acting on poll code violations committed by the BJP.
"If the BJP does dictatorship, it is right. But if someone talks about it, that is wrong. This shows that democracy is in danger. I want to urge the EC to act on the (poll code) violations committed by the BJP and not stop campaigns of opposition parties," she said.
The AAP's over two-minute campaign song has been penned and sung by AAP MLA Dilip Pandey. The song was released at the party headquarters here on Thursday.
#WATCH | Delhi Minister Atishi says, "... Another political weapon of the BJP, the Election Commission has put a ban on AAP's campaign song. This has happened for the first time in the history of India, that the Election Commission has put a ban on the election song of a… pic.twitter.com/9BgLQYbUeC
— ANI (@ANI) April 28, 2024
