India manufacturing PMI rises to 54.7 in April, inflation pressures persist
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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
However, rising input costs driven by global factors, including the Middle East conflict, pushed inflation to multi-month highs.
Key Facts
Type Policy
Source BusinessLine - Economy
Published Monday, 4 May 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
PM-JAY: 55 crore beneficiaries
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right