Indian economy likely to grow at 7.5% in FY25.

National

Underpinned by the buoyancy in economic activity witnessed in the first quarter, a keen policy focus on investment and the expectations of a normal monsoon, India’s economy may grow by close to 7.5% in 2024-25, the National Council of Applied Economic Research (NCAER) said on Wednesday.


      Recently, the Reserve Bank of India (RBI) raised its projections for India’s Gross Domestic Product (GDP) growth to 7.2% from 7% in FY25.

      . Growth projections have been upgraded by various other agencies as well with the median projection at 6.9%.

     

 

     


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