​Chapter 1: State of the Economy - Getting Back into the Fast Lane

  • India's real GDP growth is estimated at 6.4 per cent in FY25 (as per first advance estimates of national income), which equates nearly to its decadal average.
  • Real gross value added (GVA) is also estimated to grow by 6.4 per cent FY25.
  • The global economy on an average grew by 3.3 per cent in 2023 against the IMF projection of 3.2 per cent growth in the next five years.
  • The real GDP growth in FY26 is expected to grow between 6.3 and 6.8 per cent, keeping in mind the upsides and downsides to growth.
  • Thrust on grassroots-level structural reforms and ....
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