National Institute of Public Finance and Policy (NIPFP) projects the Indian economy growth rate of 7.1-7.4 percent in the current financial year (FY25).

Economy Business

National Institute of Public Finance and Policy (NIPFP) projects the Indian economy growth rate of 7.1-7.4 percent in the current financial year (FY25). This is above the Reserve Bank of India's (RBI) forecast of 7 percent. In 2023-24, states' capex growth is robust due to significant capex transfers from the Centre. While the Asian Development Bank (ADB) and Fitch Ratings have estimated India's growth at 7 percent, the International Monetary Fund (IMF), S&P Global Ratings and Morgan Stanley projected a 6.8 percent growth rate for FY25.


     

     

     

 

     


National Institute of Public Finance and Policy (NIPFP)

Chairman- Dr. Urjit Patel
HQ- New Delhi
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