Even in recession, India’s economy will increase- RBI

India’s GDP: India’s economy is moving firmly despite global uncertainties and trade war. According to the RBI, India is ready to become the world’s fastest growing major economy once again with an estimated growth rate of 6.5%.

India’s GDP: The Reserve Bank of India (RBI) has said that in the year 2025-26, India’s economy can grow at a rate of 6.7%. This increase is possible due to good farming, boom in industries and increasing purchases of people. Even though the economy of many countries in the world is getting weaker, but India’s situation remains strong. Inflation has also been under control due to the decisions taken by RBI. All these things show that India is gradually becoming a strong and fast growing economy, even if there is a slowdown in the world.

India’s development pace continues even in difficult circumstances

The Reserve Bank of India (RBI) has said that India’s economy will grow at a rate of 6.5% in 2025. Even though this growth rate may be slightly less for the last few years, but India will remain the fastest economy in the world. RBI Governor Sanjay Malhotra said during a speech in Washington that this economic progress of India is in line with the past trends and it reflects the strength of India.

The world’s business fight is less impact on India

In the recent past, there has been a panic in business globally. Tariff (tax) imposed by US President Donald Trump has promoted trade war worldwide. This has affected the economic situation of many countries. However, India took time to deal with this challenge. RBI cut interest rates in early April and gave relief to people and businesses by making monetary policy flexible. This strengthened the market and helped to maintain economic pace.

Demand within the country became strength

India’s biggest strength is its strong domestic demand. The people of the country themselves buy and invest more things in their country, which gives great support to India’s economy. India is not as dependent on exports as other countries. This is the reason that even when there is a slowdown around the world, it does not have much impact on India’s economy. Governor Malhotra says that this is why India has become a reliable and attractive destination for investors today.

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