Sunday, September 15, 2024
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HomeBusinessIMF projects India's 2024 growth at 6.8%, remains world's fastest-growing economy

IMF projects India’s 2024 growth at 6.8%, remains world’s fastest-growing economy


The International Monetary Fund (IMF) revised India’s growth forecast to 6.8 per cent from the previous 6.5 per cent. India maintains its position as the world’s fastest-growing economy, outpacing China, which is projected to grow at 4.6 per cent during the same period.

IMF raises India’s growth projection to 6.8% in 2024(AFP File Photo)

The latest edition of the World Economic Outlook released by the IMF ahead of the annual spring meetings of the IMF and the World Bank attributed the growth of India to robust domestic demand and a growing working-age population.

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