Key Points
An International Monetary Fund representative has said that the recent projections made by Krishnamurthy Subramanian, Executive Director at IMF, about India's growth figures is his personal and does not represent the views of the global body...
Subramanian, at a event in New Delhi on March 28, had said Indian economy could grow at 8 per cent till 2047, if the country redoubles the good policies that it has implemented over the last 10 years and accelerate reforms...
"So, the basic idea is that with the kind of growth that India has registered in the last 10 years, if we can redouble the good policies that we have implemented over the last 10 years and accelerate the reforms, then India can grow at 8 per cent from here on till 2047," Subramanian had said last month...
Growth in India is projected to remain strong at 6.5% in both 2024 (FY25) and 2025 (FY26), with an upgrade from October of 0.2 percentage point for both years, reflecting resilience in domestic demand, the IMF said in its report..
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