Q. What is the IMF’s estimated forecast for India’s GDP growth in the current financial year?
Answer:
6.7 %
Notes: The International Monetary Fund (IMF) has upgraded India's GDP growth forecast to 6.7% for the current fiscal year, a 40 basis points rise from the previous estimate of 6.3%. This positive revision is credited to strong public investment and positive labor market trends, as outlined in the latest World Economic Outlook report.