Economy not far from ‘oil shock’ unless Iran war stops tomorrow: Uday Kotak
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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
India needs to be strategic in a ‘tribal mindset world’, control assets, have a strong P&L
Key Facts
Type Policy
Source BusinessLine - Economy
Published Tuesday, 12 May 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
PM-JAY: 55 crore beneficiaries
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right