India’s FY25 GDP projection raised as reforms and revenue gains boost outlook

India’s economy is projected to grow above 6.7% in FY25, supported by healthy tax inflows, fiscal discipline, and stronger domestic investment confidence despite global uncertainty.

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34 days ago

India’s FY25 GDP projection raised as reforms and revenue gains boost outlook

Chief Economic Advisor V. Anantha Nageswaran forecast India’s GDP growth above 6.7% for FY25, citing robust tax revenues, GST efficiency, and continued fiscal restraint. The improved outlook underscores the government’s success in sustaining capital expenditure while maintaining deficit discipline. Private investment and strong consumption are expected to reinforce momentum through the second half of the year. Economists said India remains one of the few large economies balancing growth with fiscal prudence amid global volatility.
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  • economy
  • gdp