India’s Economy to Grow 6.8% In FY25: Crisil

Daily Current Affairs / India’s Economy to Grow 6.8% In FY25: Crisil

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Category : Business and economics Published on: March 11 2024

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Crisil Ratings forecasts India's GDP to grow at 6.8% in FY25, driven by structural reforms and cyclical factors, indicating sustained economic expansion.
India aims to double its economy to $7 trillion by 2031, positioning itself as the third-largest economy globally, reflecting ambitious growth targets and aspirations for upper-middle-income status.
The IMF projects India to achieve a $5 trillion economy by 2027-28, indicating a trajectory of robust economic growth and potential to surpass current global economic rankings.

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India’s Economy to Grow 6.8% In FY25: Crisil