By Admin 
Un Predictions on GDP: Despite the turmoil around the world, India’s economy will continue to move forward with high speed. This is believed by the United Nations. However, in its estimate, the UN has reduced India’s GDP growth to 6.3 percent for 2025. Earlier, this estimate of January GDP growth of 2025 was 6.6 percent. 2024 India’s GDP was estimated at 7.1 percent.
In its report, the UN has considered India to be one of the biggest economies in the world. This information has been given in the new United Nations report ‘World Economic Station and Prospects by mid -2025, which was released on 16 May.
Tariff will affect
It has also been further stated in the report that business tension and uncertainties have been affected. Due to this, production costs have faced an increase in cost, obstruction of global supply and financial troubles. Despite all this, the pace of GDP of India will remain with consumption, huge investment of people, increase in exports and government expenses.
The UN also said in the report that after the inflation rate in India in 2024, it can come down to 4.3% in 2025. This is within the target scope of RBI. Also, no major decline is being seen at the job level. In addition, there is inequality in women’s labor participation and needs to focus on it. On the other hand, the RBI has also started the process of reducing policy interest rates in February this year i.e. in February 2025 to change the monetary policy.
Earlier in 2023, the repo rate was made at 6.5. Apart from this, there is also relief on the fronts of inflation in the country. Recently both retail and wholesale inflation have seen a decline. All these things have a positive effect on GDP.
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