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Showing posts with the label Fiscal Policy India

India’s Robust GDP Growth in FY25: A Domestic Demand-Driven Success Story

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India’s Economic Growth Surges in Q4 FY25 India’s economy continues to assert its strength on the global stage. The latest GDP numbers indicate that the Indian economy grew by 7.4% in Q4 of FY25 , a sharp increase from the 6.2% growth in Q3 , and higher than the Reserve Bank of India’s (RBI) projection of 7.2% for the same period. For the full fiscal year 2024-25 (FY25), India’s economy registered a 6.5% growth , in line with estimates and maintaining its position as the world’s fastest-growing major economy . Key Drivers of Growth: Domestic Consumption & Government Investment Economists attribute this robust growth to strong domestic consumption , sustained government capital investment , and a relatively low dependence on exports . According to Manoranjan Sharma , Chief Economist at Infomerics Valuation and Rating, this growth reinforces India’s economic resilience and its consistent lead among global peers. Rural Recovery and Sectoral Expansion Anshuman Magazine , Chairman a...