India to remain global growth driver in foreseeable future: IMF executive director

Krishnamurthy V Subramaniam, Executive Director of the IMF, predicts India will remain a key driver of global growth, citing consistent 7%+ growth post-COVID. He forecasts 8% growth in Q4, considering the global economic situation. The IMF revised India's 2024 growth projection to 7.8%. Subramaniam highlights India's digital infrastructure as a model for the Global South, emphasizing its role as a public good. He dismisses critics of India's GDP growth, citing statistical experts' trust in the numbers. Subramaniam also addresses Thomas Piketty's report on income inequality, presenting contrasting data.
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