World Bank Growth Estimate: The World Bank has released its estimate of the economic growth rate of India and South Asia and under this, it has also released the latest estimate of India's GDP rate. According to the World Bank's latest growth estimates for South Asia, India's economic growth rate or GDP is expected to remain stable at 6.7 percent per annum for the next two financial years from April 2025. Overall, the World Bank has estimated India's economic growth rate to grow well and positively among South Asian countries.

The World Bank released its estimate today

The World Bank said on Thursday that growth in South Asia is expected to increase to 6.2 percent in the financial year 2025-26. This includes strong growth in India and it said that the growth rate in India is expected to remain stable at 6.7 percent per annum in the next two financial years from April 2025.

The bank said that the service sector in India is expected to expand steadily and manufacturing activity will strengthen. This will be supported by the government's initiatives to improve the business environment. Investment growth is expected to remain stable and the increase in private investment will compensate for the slowdown in public investment.

India's GDP will grow at the rate of 6.5 percent in the current financial year - World Bank

India's economic growth rate is estimated to decline to 6.5 percent in the financial year 2024-25 (April 2024 to March 2025). This particularly reflects the slowdown in investment and weak growth in the manufacturing sector.

Improvement in growth rate of Sri Lanka and Pakistan

Apart from India, the growth rate in this region is expected to increase to 3.9 percent in 2024. This is mainly showing improvement in Pakistan and Sri Lanka. Better macroeconomic policies have been adopted in these countries to overcome economic difficulties, the result of which is being seen.