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- India’s GDP Doubles in a Decade: IMF
India’s GDP Doubles in a Decade: IMF
- 26 Mar 2025
On 25th March 2025, according to the latest data released by the International Monetary Fund (IMF), India’s Gross Domestic Product (GDP) has doubled over the past ten years.
- The country’s GDP at current prices stood at USD 2.1 trillion in 2015 and is projected to reach USD 4.27 trillion by the end of 2025.
Key Points
- Strong Economic Growth: India’s real GDP growth rate for 2025 is projected at 6.5%, making it one of the fastest-growing economies globally.
- Inflation Management: The IMF estimates India’s inflation rate at 4.1%, within the Reserve Bank of India’s (RBI) target range of 4-6%, ensuring economic stability.
- Rising Income Levels: India’s GDP per capita, measured in purchasing power parity (PPP), is estimated at USD 11,940, reflecting improved prosperity and living standards.
- Public Debt Concerns: India’s general government gross debt stands at 82.6% of GDP, highlighting fiscal challenges despite continued economic momentum.
- Fiscal Commitment: The government remains focused on achieving its fiscal targets while sustaining growth.
State In News
State In News
State In News
- Andhra Pradesh
- Arunachal Pradesh
- Assam
- Bihar
- Chhattisgarh
- Delhi
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jammu And Kashmir
- Jharkhand
- Karnataka
- Kerala
- Ladakh
- Madhya Pradesh
- Maharashtra
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Odisha
- Punjab
- Rajasthan
- Tamil Nadu
- Telangana
- Tripura
- Uttar Pradesh
- Uttarakhand
- West Bengal