World Bank Ups India’s Growth Forecast to 7% for FY25
The World Bank has revised its growth forecast for the Indian economy, increasing it to 7% for the fiscal year 2024-25, up from the earlier estimate of 6.6%. This adjustment comes despite a slowdown to 6.7% in the April-June quarter, attributed to reduced government spending during national elections. Key Drivers Agricultural Recovery & Rural Demand: …
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