India GDP Growth Projected at 7.3% for FY2025 Says World Bank

News Article:
The World Bank has projected India’s GDP growth at 7.3% for the financial year 2025, highlighting the country’s resilience amid global economic uncertainty. The report credits robust domestic consumption, increased public investment, and stable macroeconomic policies as key drivers of growth.

According to the institution, India continues to be the fastest-growing major economy, even as other nations face slowing growth due to inflationary pressures and geopolitical tensions. The report also emphasized the government’s continued focus on infrastructure development, digital transformation, and energy transition, which are expected to sustain momentum in the medium term.

However, the World Bank cautioned about external risks such as volatile oil prices, global trade disruptions, and climate-related challenges. It urged India to maintain fiscal discipline and invest more in social and human capital to ensure inclusive growth.

Economists believe that if reforms in manufacturing and labor sectors continue, India could sustain growth above 7% for several years, further strengthening its position as a global economic powerhouse.


Also Read- Car Explosion Near Delhi Red Fort Sparks Terror Probe

Leave a Comment