World Bank raises India's FY25 growth forecast to 7%

Current GK (IBPS-PO) Indian Economy

03-Sep-24

The World Bank raised India's growth forecast for FY25 to 7 per cent from 6.6 per cent earlie.

Notably, in the April-June quarter, India's GDP growth slowed to 6.7 per cent owing to a decline in government spending as a Model Code of Conduct was put in place for the General elections, government data showed on August 30.

The Reserve Bank of India (RBI), during the last Monetary Policy Committee meeting in August, had projected the subcontinent's GDP to grow at 7.1 per cent in the Q1FY25.

छोटे Courses बड़े Results

Master Indian Economy

Prepare through Micro-courses