IMF hails India in yearend review
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IMF hails India in yearend review

The IMF's year-end assessment attributes India's strong performance and financial stability to prudent macroeconomic policies and ongoing reforms.

Fiscal Deficit Reduction Plan
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Fiscal Deficit Reduction Plan

India sets an ambitious target to lower its fiscal deficit to 4.5% of GDP by 2025-26, indicating a robust financial turnaround, says IMF

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Economic Boom Projection
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Economic Boom Projection

India anticipates a significant economic boom with a projected growth rate of 6.3%. The job market demonstrates robust growth, surpassing pre-pandemic levels, says IMF

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Trade and Current Account Improvements
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Trade and Current Account Improvements

Initiatives like Make in India, flourishing services exports, and reduced oil import expenses contribute to a huge reduction in imports. CAD may improve to 1.8% of GDP in FY2023/24

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Merchandise Trade Milestone

India achieves a significant milestone in merchandise trade with exports soaring to $460.6 billion in 2024-25, indicating substantial progress.

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Foreign Direct Investment (FDI) Surge

India attracts global capital as Foreign Direct Investment (FDI) reaches $44.4 billion in 2024-25, showcasing the country's robust economic prospects.

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Digital and Government Infrastructure

The IMF acknowledges India's foundational digital public infrastructure and a strong government infrastructure program as key drivers sustaining economic growth.

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Commendation for Prudent Policies

The IMF commends Indian authorities for their prudent macroeconomic policies and reforms, resulting in a resilient economy amid global challenges.

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Global Leadership Role

India's 2023 G20 presidency is recognized by the IMF as a demonstration of the country's crucial role in advancing multilateral policy priorities globally.

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Excellence in Key Areas

India excels in sustained bank credit growth, low NPAs, enhanced labour market, rising female workforce, and significant strides in health, education and agricultural reforms.

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