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India GDP Data: The Indian economy can grow at the rate of 7 percent in the financial year 2024-25. The International Monetary Fund has released the World Economic Outlook Growth Estimate. According to the IMF, India's GDP is expected to be 7 percent in the current financial year. In its estimate in the month of July also, the IMF had expressed confidence in the economic growth rate being 7 percent. However, this is 0.2 percent more than the projection released in April 2024.
The IMF said in its Growth Outlook that GDP growth in India will be 7 percent in 2024-25 as compared to 8.2 percent in the financial year 2023-24, while GDP growth is estimated to be 6.5 percent in 2025-26. According to the IMF, the pent-up demand seen during the Corona epidemic is now ending and the economy is now showing growth according to its potential. According to the International Monetary Fund, the global economy will show growth at the rate of 3.2 percent in 2024.
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