IMF's prediction on Indian economy! #shorts #Shorts

Who publishes the World Economic Outlook? - The International Monetary Fund (IMF). According to this report, the IMF says that India will grow by 7% in the fiscal year 2025. The fiscal year 2025 means the period from April 1, 2024, to March 31, 2025. The IMF predicts that India's GDP will be 7% during this period. Previously, the IMF had forecast India's GDP growth at 6.8%, but now it has upgraded it to 7%. This means India will remain the world's fastest-growing major economy, while China will grow at 5%. Global growth will be 3.2%, with a massive 60% contribution from the Asia region alone. This means Asia will continue acting as the engine driving the world economy. Clearly, Asia's influence in the global economy and international affairs is increasing. The shift in the balance of power from the West to the East indicates that we have entered the Asian century.

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