What is the revised GDP growth forecast for India in FY2024-25 according to the IMF?

A)
6.5%
B)
7%
C)
8%
D)
8.3%

Correct Answer : Option (B) - 7%



The International Monetary Fund (IMF) has revised India's GDP growth forecast for FY2024-25 to 7%, an increase from the previous estimate of 6.8%.

This upward revision is attributed to stronger private consumption, especially in rural areas.

India's economy is expected to remain robust, solidifying its position as one of the fastest-growing major economies globally, with projected growth continuing into FY2025-26.

Published On : September 11, 2024
Category : Indian Economy