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IMF Lowers India’s Growth Projection To 6.2% for FY26
Kashmir Observer
|APRIL 23, 2025 ISSUE
The Indian economy is projected to grow at 6.2 per cent in 2025-26, slower than earlier estimated rate of 6.5 per cent, due to escalated trade tensions and global uncertainty, the International Monetary Fund (IMF) said on Tuesday.
"For India, the growth outlook is relatively more stable at 6.2 per cent in 2025, supported by private consumption, particularly in rural areas,” IMF said in its World Economic Outlook (WEO).
India, which grew at 6.5 per cent in 2024-25, is projected to grow at 6.2 per cent in 2026-27, IMF said, adding that the growth rate is 0.3 percentage point lower than that in the January 2025 WEO update on “account of higher levels of trade tensions and global uncertainty”.
This story is from the APRIL 23, 2025 ISSUE edition of Kashmir Observer.
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