Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 186)

2024-04-27 Economy

186.

What is the GDP growth rate for India in FY25 projected by NIPFP?

6.8%

7.1%

7.2%

Answer: Option

Explanation:

The National Institute of Public Finance and Policy (NIPFP) predicts India's GDP growth for the fiscal year 2024-25 to be 7.1%. This forecast is based on high-frequency models and reflects the emphasis on fiscal discipline, tax buoyancy, and compression of revenue expenditure as highlighted by NIPFP.