IMF raised India's 2024 growth projection to 6.8%, now the fastest-growing major economy ahead of China's 4.6%.
International Monetary Fund (IMF) raised India's growth projection for 2024 to 6.8% from the previous 6.5%, citing robust domestic demand conditions and a rising working-age population. This makes India the fastest-growing major economy ahead of China's projected growth of 4.6% for the same period. The IMF attributed the growth in India to robust domestic demand and a growing working-age population.
April 16, 2024
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