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    <title>External factors responsible for slowdown in growth: CEA</title>
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    <description>The pre Budget Economic Survey attributes the current growth moderation chiefly to external headwinds as globalisation&#039;s tailwind diminishes, urging policy responses that incorporate geopolitical and trade uncertainties. It calls for boosting domestic investment and enhancing economic freedom via deregulation of land and labour, liberalisation of business standards, tariff and fee reductions, and lowering state compliance costs to sustain higher growth toward the development target by 2047.</description>
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