Indian economy likely to grow at 7% in FY25, says government
10 months, 3 weeks ago

Indian economy likely to grow at 7% in FY25, says government

India Today  

The Indian economy is poised for a growth rate of 7 per cent in the fiscal year 2024, with optimistic projections extending into FY25, according to a review of the Indian economy presented by the government. "The robustness seen in domestic demand, namely, private consumption and investment, traces its origin to the reforms and measures implemented by the government over the last ten years," the review said. As per the government's first advance estimates, India's economy is poised to grow at a rate of 7.3 per cent in the current financial year. Several global brokerages, including S&P Global Ratings, remain optimistic about India's economic prospects, forecasting it to retain its position as the fastest-growing major economy for the next three years.

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