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Must be agile to tackle challenges: Finance secretary Ajay Seth
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Finance secretary Ajay Seth emphasized India's economic resilience and projected growth of 6.3-6.8%, highlighting healthy tax collections. He stressed the importance of fiscal consolidation, urging states to prioritize capital expenditure over revenue deficits. Seth also noted the need for a more objective World Governance Index and a global shift towards energy security over immediate energy transition goals.
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