NITI Aayog member Arvind Virmani predicts India's economy will grow around 7 per cent this fiscal year and maintain this rate for years, despite facing new challenges. The Reserve Bank of India forecasts a 7.2 per cent GDP growth rate for FY25. Virmani notes a recovery in private consumption post-pandemic, attributing it to a "double drought" situation. He believes coalition politics may slow privatisation in some states but remains optimistic overall. Virmani expects FDI to rise in emerging markets, including India, once US interest rates decrease. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
