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00:30Indian economy and the 10 largest economies of the world.
00:37In which there is investment, savings, exports, GDP growth and debt to GDP ratio.
00:45So we have found that India is number one in all of these.
00:52Because you see, there is a lot of political stability in India.
00:58In emerging economies, the Indian economy is the fastest growing economy.
01:06And in the last few years, we have seen how much investment has come to India.
01:14Our exports growth and overall savings have increased a lot.
01:22And India is number one in all the 10 economies that we have analysed.
01:28So we believe that the GDP numbers this year,
01:34according to the PSDCCI, the GDP numbers will be 6.8% in 2024-2025.
01:44And in 2025-2026, the GDP growth is expected to be 7.7%.
01:52We believe that India is the biggest market in the world.
02:05And it is the most attractive destination for investment at this time.
02:09And our MSME sector, we have more than 6 million MSMEs.
02:17And for their growth, the interventions that the government has taken,
02:25we expect that when all the exports of our economy,
02:31the manufacturing sector and the investment in infrastructure,
02:40when all these engines fire, we expect that the economy will grow very fast.
02:49And the third thing is that India is our demographic dividend.
02:55The Indian population is 65% below the age of 35.
03:02That means there are a lot of young people.
03:06And we have seen that when the economic growth was predicted,
03:15and when the actual economy came, it was at a higher number than that.
03:20Sir, in all the tallies that are shown, India is number one.
03:25But the stock market is falling a lot.
03:28What do you think about the rupee record?
03:32See, the combinations of the stock market are different.
03:37And the stock market is not dependent only on what is happening in India.
03:44The stock market is based on global trends.
03:49What is happening in America, what is the optimism of the Fed,
03:54what is the story of the Fed, and what is the employment rate in the world.
03:59The stock market reacts to all these emotions accordingly.
04:03So we expect that the stock market is moving towards stability soon.
04:08And we have seen this fluctuation in the geopolitical situation and the expectations of the Fed in the stock market.
04:16As far as the rupee is concerned, the rupee is definitely sliding.
04:22But there is nothing to worry about.
04:25The inherent strength of the Indian economy is our consumption.
04:30And India is such a big market.
04:33So there is nothing to worry about.
04:38Accordingly, the government has taken very strong measures.
04:41Our fiscal discipline is very strong.
04:45Our fiscal deficit is within control.
04:49And we are hoping that the rates will be cut soon.
04:56So overall, there is nothing to worry about.