The United Nations raised India's 2024 growth forecast to 6.9% from 6.2% projected earlier, on the back of a strong domestic economy. "India's economy is forecast to expand by 6.9% in 2024 and 6.6% in 2025, mainly driven by strong public investment and resilient private consumption," the UN Department of Economic and Social Affairs said in its 'World Economic Situation and Prospects' report's mid-year update, highlighting that New Delhi is committed to reducing fiscal deficit while increasing capital investment.
No comments:
Post a Comment