In the last few weeks, we have seen the release of an array of economic data sets from the government. Together they present an exceptionally good macroeconomic backdrop. India is flush with foreign reserves; retail inflation is decelerating and most importantly the private sector is poised to kickstart capital expenditure after being in funk for over a decade. On top of it, new consumption figures confirm that India is trading up, even while gross domestic product rebounded at a scorching pace of 8.4% in the third quarter of 2023-24. All this is great news for any incumbent government, just weeks away from a general election. While this is indeed the case, how do we read these new economic trends. Is it too good to be true? Or is it signalling that India is on the cusp of a significant transition to a rich middle-income economy? To answer all this and more Anil Padmanabhan spoke to Chennai-based Arjun Nagarajan, chief economist, Sundaram Asset Management. #gdp #india #economy #elections #bjp #capitalcalculus #stratnewsglobal Join Nitin Gokhale's Strategic Group WhatsApp Channel to get the latest updates from articles on our website and videos on our YouTube Channel: https://www.whatsapp.com/channel/0029VaEFVX84SpkNskd4Gq0y Since many of our well-wishers requested a UPI payment id to contribute and support us, here’s the link, which gives us 100% of what you choose: https://stratnewsglobal.com/support-us/ You can also click and buy a YouTube Super Thanks(the heart icon where you liked this video), which directly supports StratNewsGlobal, with 70% of your chosen amount. Leave your comments, questions, and feedback. Like and share our videos. Subscribe to our YouTube channel. Click on the 🔔icon to get notified of our latest uploads. To get instant updates join our telegram circle - https://t.me/stratnewsglobalbroadcast