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India's Q3 GDP Growth Boosted By Subsidy Reduction

A man walks between the buildings at a commercial centre in New Delhi

India's economy saw a boost in the third quarter GDP growth, attributed to a significant fall in subsidies, according to officials. The latest data released by the government revealed a positive trend in the country's economic performance.

The reduction in subsidies played a crucial role in driving the growth, indicating a more efficient allocation of resources. This development underscores the government's efforts to streamline economic policies and enhance fiscal discipline.

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