EEPC INDIA’s Post

India has the potential to become a $55 trillion economy by 2047 if both state and central governments implement growth-enhancing policies to boost the nation's growth rate from 7% to 8%, says Krishnamurthy V Subramanian, Executive Director of the IMF. Despite challenges, this goal is achievable with strategic reforms, especially given India's private credit to GDP ratio lags behind advanced economies. #India2047 #EconomicGrowth #PolicyReform #IMF #IndiaAt100

Krishnamurthy V Subramanian, IMF Director, believes that India has the potential to become a $55 trillion economy by 2047. He emphasised that achieving this ambitious target requires consistent 8% GDP growth and strong government policies. Subramanian highlighted the importance of financial inclusion, infrastructure investment, and human capital development as key drivers for this growth. #India #IMF #EconomicGrowth

Very pleased to learn the International Monetary Fund raised India's growth forecast to 7% from the earlier 6.8% due to improving private consumption, particularly in rural India, whilst the IMF left unchanged its estimate for a 6.5% growth in Asia's third largest economy's #gdp in the 2025-26 financial year. #indiainc #growth #progress #economy #economicactivity

India remains the world’s largest-growing economy, with the IMF projecting a growth rate of 7% in FY24-25! This surge is driven by robust rural consumption recovery, transformative digital initiatives, and strategic policy reforms. With inflation expected to normalise and massive infrastructure investments underway, India’s growth is shaping the global economic landscape. 🚀 #IndiaEconomy #EconomicGrowth #RuralRecovery #DigitalTransformation #PolicyReforms #Infrastructure #GlobalEconomy #IMF #Growth #TBA #TheBusinessAchiever Read more 👇 https://lnkd.in/g-F6JBvN

📊 India's Economic Growth: IMF Retains FY25 Estimate at 7% 🇮🇳 The International Monetary Fund (IMF) has confirmed its growth projection for India at 7% for FY25, expecting growth to stabilize at 6.5% for FY26-30. This outlook reflects a positive recovery trajectory despite ongoing global challenges. Key highlights include: GDP Growth for FY25: Retained at 7% Stabilization Expected: Growth projected at 6.5% for FY26 Global Context: The IMF's forecast remains optimistic compared to other major economies. Source: Financial Express, October 23, 2024. #India #EconomicGrowth #IMF #GDP #FiscalPolicy #Finance

India's $5 Trillion Economy: Ambition, Challenges, and Path Forward 🌍💼 In my latest blog, I explore India's bold vision to reach a $5 trillion GDP. Is it achievable within the timeline? What reforms are essential to overcome challenges, and how will this impact foreign investment and the stock market? Read the full analysis here: https://lnkd.in/gENVm2fn #IndiaEconomy #EconomicGrowth #Reforms #FDI #StockMarket #FutureOfIndia

"Big news for the Indian economy! As of June 28, 2024, Indian government bonds will be included in the JP Morgan Emerging Markets Index, a move that is expected to attract $25-30 billion in foreign investments into the country's debt market. This development is a significant milestone for the fixed-income markets in India and is expected to have a positive impact on the economy, including: - Increased foreign investment: Attracting $25-30 billion in foreign investments will provide a boost to the economy. - Improved liquidity: The inclusion is expected to expand the investor base, leading to additional market liquidity. - Reduced borrowing costs: The increased demand for government bonds could lead to lower borrowing costs for the government. - Strengthened rupee: The influx of foreign investments could strengthen the Indian rupee against other currencies. - Boost to economic growth: The increased investment and liquidity could lead to increased economic activity and growth. Let's keep an eye on how this development shapes the Indian economy in the coming months. #IndiaEconomy #Investments #JPMorganIndex #GovernmentBonds #EmergingMarket #EconomicGrowth"

IMF Estimates: India is on the rise! With three consecutive quarters of growth over 8%, India is the world's fastest-growing major economy, set to become the third largest by 2027. Robust policies eased regulations, and over a trillion dollars in infrastructure investments are paving the way for a prosperous future despite global challenges. : : #imf #worldmarket #worldeconomy #economicgrowth #syntheticrubber #elction2024 #2024growth #globalpresence #tyre #supplier #export #supplychains #customercentric #internationaltrading #Rubberindustry #Pharmaceuticalindustry #chemicalindustry #IndustryStandard

The World Bank has revised India's GDP growth forecast for 2024-25 by 20 basis points to 6.6%, indicating it will remain the fastest-growing of the world's largest economies. The revision is attributed to strong public investment, private capex, and rise in private consumption. India's industrial activity and domestic demand growth remain robust. CFBR