We are seeing global headwinds buffeting the Indian economy, caused by uncertainties in the energy sector due to the USA-Iran imbroglio, and both bilateral and multilateral trade disputes between the USA, China, and members of the World Trade Organization (WTO). These pressures, together with softening in consumer spending and a manufacturing slowdown have led to the IMF projecting a much lower rate of GDP growth for next year. I would be keen to see the Honorable Finance Minister provide for the following in the upcoming budget session:
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