Robust Growth in National Pension System and Economic Outlook
| Aspect | Details |
|---|---|
| National Pension System (NPS) | - Year-on-year growth: 40.1% |
| - Total assets by June 29: ₹2.47-lakh crore | |
| - Overall NPS assets (including APY): ₹12.5-lakh crore (28.64% growth) | |
| Private Sector Activity | - Rebound in June: 60.9 (up from May's 60.5) |
| - Manufacturing activity: 58.5 (up from 57.5) | |
| - Fastest employment growth in 18 years | |
| Economic Outlook | - FY25 growth forecast (Fitch Ratings): 7.2% |
| - Business confidence dipped to a three-month low | |
| Inflation Trends | - Input inflation moderated in June |
| - Manufacturers increased selling prices |