New Delhi:
From the kind of reports that are coming out, it seems that 2025 is going to be great for the Indian economy. However, in the data released by the government, the GDP was estimated to be 6.4 percent. This was the lowest in the last four years. But some foreign organizations expressed the possibility of better growth of the Indian economy. This has created a possibility of the Indian economy becoming stronger. Let us see what expectations the institutions have from the Indian economy and in which sector they see more potential.
What is the United Nations estimate?
This year, the first estimate regarding the Indian economy was made by the United Nations. In a United Nations report titled World Economic Situation and Prospects 2025 released on January 9, India’s economy (GDP) growth was estimated to be 6.6 percent. It has been estimated that India’s GDP will be 6.8 percent in 2026. It has been said in the report that this pace of the Indian economy will also give a boost to the global economy, which is lagging. It has also been said in this report that the economy of South Asia will be the fastest growing economy in the world. The GDP growth rate of this area has been estimated at 5.7 percent. Its basis has been said to be India’s excellent economic performance and improvement in the economy of its neighboring countries.
Where is the World Bank looking at India’s economy?
Now the World Bank has also praised India’s economy. In its report titled Global Economic Prospects, the World Bank has made a new estimate regarding the development of India’s economy. According to the World Bank, this year India’s economy will grow by 6.5%. Will increase at rate. The World Bank has said that India’s private consumption growth will be driven by a strong labor market, extended credit and declining inflation. However, government consumption growth may remain limited. The World Bank has also made predictions about the economy of other countries of the world. The estimated growth rate of the economy of other countries of the world in 2025-26 is 2.7 percent. In such a situation, it is clear that India’s economy will grow the fastest compared to the economies of major countries of the world. In this report, India’s growth rate for the financial year 2025-26 has been estimated at 6.7 percent. In this report, India’s service sector is expected to continue expanding and construction activities will strengthen.
Will India leave Japan behind?
PHD Chamber of Commerce and Industry (PHDCCI) has estimated that while many major economies of the world are facing crisis, the Indian economy can grow at a pace of 6.8 percent in this financial year and 7.7 percent in the next financial year. . PHDCCI estimates that by 2026, India can overtake Japan to become the world’s fourth largest economy. The organization says that the Indian economy has grown strongly in the last three years and by 2026, it will overtake Japan and become the world’s fourth largest economy. Can become the largest economy.
What does Mirae Asset expect from India?
Earlier on Wednesday, global financial services company Mirae Asset had said that the condition of the Indian economy remains strong. Mirae Asset estimates that the Indian economy will continue to grow in the long term. In this, the GDP growth rate in the current financial year was estimated to be 6.5 percent. It has been said in this report that the position of banks remains strong with NPA of less than one percent. Profits of Indian companies are increasing. It also says that domestic debt is also low compared to global standards. India’s total debt to GDP remains below 2010 levels, while globally it has increased.
Bank of Baroda estimates
Bank of Baroda has also said in its forecast that India’s economy will improve. The bank has estimated the growth rate of the Indian economy to be 6.8 percent for the financial year 2025-26. The bank has estimated the growth rate of nominal GDP to be 10.5 percent. The bank had made the estimate considering the increasing number of air passengers, performance of the service sector and GST collection. Along with these indicators, the bank had also taken the area of Rabi crop as the basis.
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