Summary:

Over the last ten years, India’s GDP has experienced substantial growth, effectively doubling in size. According to projections from the International Monetary Fund (IMF), the country’s GDP is expected to reach Rs. 3,60,000 crore (US$ 4.27 trillion) by the close of 2025. With a forecasted real GDP growth rate of 6.5% for 2025, India is on track for strong economic expansion. Inflation is projected to remain steady at 4.1%, comfortably within the Reserve Bank of India's target range of 4-6%. Additionally, the nation’s GDP per capita is estimated to reach Rs. 10,23,709 (US$ 11,940), reflecting an improvement in the average standard of living. However, the central government’s debt is currently at 82.6% of GDP, a relatively high figure that could complicate fiscal management and limit policy flexibility.

The IMF report emphasizes India's economic resilience, underscored by consistent GDP growth, stable inflation and rising per capita income. Despite these encouraging indicators, the report also notes the importance of addressing inflationary risks and managing public debt effectively to ensure sustained economic stability in the years ahead.

Source: IBEF

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