Q. According to World Bank, what is the projected economic growth of India for FY 25?
Answer:
6.6%
Notes: The World Bank revised India's GDP growth projection for FY25 to 6.6%, up by 20 basis points. Despite a slowdown from the current year's estimated 7.5% growth, robust public investment is anticipated to drive future growth. India's statistics ministry estimated the current year's GDP growth at 7.6%, higher than earlier projections. The projected slowdown in growth from 2023-24 to 2024-25 is attributed to decreased investment, though services and industry sectors are expected to remain strong.