ADB retains India's economic growth forecast at 7% for FY24, 7.2% for FY25

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ADB retains India's economic growth forecast at 7% for FY24, 7.2% for FY25 - Business Standard

Quick Summary:

Due to the government's efforts toward fiscal consolidation, central government debt is projected to decline from 58.2 per cent of GDP in FY2023 to 56.

Mio Oka, ADB Country Director for India, said, “India’s economy has shown remarkable resilience in the face of global geopolitical challenges and is poised for steady growth.

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