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Home > All news > Economy > World Bank raises India’s FY25 GDP forecast to 7% from 6.6%

World Bank raises India’s FY25 GDP forecast to 7% from 6.6%

September 4, 2024
Reading Time: 2 minutes
IMF raises India’s FY24 growth forecast to 6.7 %

New Delhi - The World Bank has revised its growth forecast for India, upgrading it to 7% for the financial year 2024-25, up from its earlier estimate of 6.6%.

The adjustment reflects the strong performance of the Indian economy, which was the fastest-growing major economy in FY24 with an 8.2% growth rate.

“India was the fastest growing economy in FY24 at 8.2%, and now it’s growing at a good pace,” remarked Auguste Tano Kouame, the World Bank’s Country Director for India. He also noted that . . .

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