Current Affairs - Economy - Discussion

The OECD has revised its GDP growth forecast for India in FY25 to 6.8%, up from an earlier projection of 6.6%. This positive outlook is attributed to strong investments, credit growth, and improved agricultural output. While export growth remains subdued, public infrastructure spending and private investment are expected to sustain growth at 6.9% in subsequent years. Notably, the business sector's profits have reached a 15-year high relative to GDP, reflecting robust economic momentum.