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India's GDP growth slows to 6.1%
The Business Guardian
|January 15, 2025
India is currently experiencing a cyclical economic downturn, with gross domestic product (GDP) growth projected at 6.1 per cent for both FY25 and FY26, according to a report by Nirmal Bang.
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The report highlighted that while rural growth remains fragile, it is showing signs of improvement compared to urban areas.
It said "India is in the midst of a cyclical downturn with base case GDP growth in FY26 at 6.1 per cent. Rural growth remains tenuous albeit better than urban".
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