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India's GDP has doubled in a decade, reaching $4.27 trillion, with steady growth but high government debt.
India's GDP has doubled over the past decade, reaching $4.27 trillion, according to the International Monetary Fund (IMF). With a current real GDP growth rate of 6.5%, India's economy is expanding steadily, and inflation is expected to remain stable at 4.1%. However, the country's general government gross debt stands at 82.6% of GDP, posing challenges for fiscal management. Despite these issues, India's economic resilience is highlighted by its rapid GDP growth and improving income levels. Goldman Sachs predicts that India's economy could see improvement to 6.4% growth by the end of 2025, though market volatility and external risks remain concerns.