The Asian Development Bank (ADB) in its April 2025 Asian Development Outlook has projected India’s Gross Domestic Product (GDP) growth at 6.7% for fiscal year 2025. This shows India’s economic resilience despite global challenges, driven by strong domestic demand, growth in rural income, and controlled inflation. Reforms like tax cuts for the middle class and monetary easing through repo rate cuts are also boosting the economy. The Reserve Bank of India (RBI) has slightly lowered its forecast to 6.5%, but ADB remains confident about India’s growth continuing into fiscal year 2026.
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