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    <description>Real GDP growth is expected to pick up on a services-led recovery with industry improving and agriculture growing modestly; inflation, especially WPI food inflation, moderated substantially by year-end and calibrated measures to contain price rise are emphasised. Fiscal consolidation is on track with higher savings and capital formation alongside increased central social spending, while external trade and reserves strengthened. Social programmes expanded, including greater MNREGA coverage, and sustainable development and climate concerns are prioritised.</description>
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