Categories: Economy

IMF revises GDP growth forecast of India to 12.5% for FY22

International Monetary Fund (IMF) has raised its growth forecast for the Indian economy by 100 basis points to 12.5 per cent for the fiscal year 2021-22. GDP growth for FY23 is pegged at 6.9 per cent. The revised forecast was published in the IMF’s World Economic Outlook. India is the only country among major world economies that is projected to grow at a double-digit rate during FY22.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Find More News on Economy Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

What was the Old Name of Goa? Know About It

Goa is a small state on the western coast of India, famous for its beaches,…

14 hours ago

Top-10 Most Searched Words in 2025, Check the List

Every year, people around the world search for words that show what interests them the…

15 hours ago

Deepinder Goyal Tops Hurun Rich List 2025 for India’s Self-Made Entrepreneurs

The Hurun Rich List 2025 has once again highlighted India’s dynamic startup and business ecosystem.…

15 hours ago

Indian Team Bags Global Top Honour at NASA Space Apps Challenge

India’s innovation ecosystem has received global recognition as an Indian satellite internet concept emerged as…

15 hours ago

India’s Net Direct Tax Collections Rise 8% to ₹17.05 Lakh Crore Till December 17

India’s fiscal position showed resilience in the current financial year as net direct tax collections…

16 hours ago

What is SabhaSaar Initiative? Features, Significance, and Latest Update

Recently, the Union Minister informed the Rajya Sabha about the progress and impact of the…

16 hours ago