UN Lowers India's 2025 GDP Growth Forecast to 6.3%
| Key Aspect | Details |
|---|---|
| Event | United Nations revised India's GDP growth forecast for 2025 downward. |
| Source | World Economic Situation and Prospects report (mid-year update). |
| India's 2025 GDP Growth | 6.3% (down from 7.1% in 2024 and 6.6% in January 2025 estimate). |
| India's 2024 GDP Growth | 7.1% |
| India's 2026 GDP Projection | 6.4% |
| Global GDP Forecast (2025) | 2.4% (down from 2.9% in 2024). |
| India's Inflation (2024) | 4.9% |
| India's Inflation (2025) | 4.3% |
| RBI Policy Rate | Steady at 6.5% since February 2023; easing cycle started in February 2025. |
| Reasons for Resilience | Strong private consumption, robust public investment, resilient services exports, exemptions from US tariffs in key sectors. |
| Global Economic Challenges | Slowing growth in major economies (US: 1.6%, China: 4.6%, Brazil), rising tariffs, policy uncertainties, export revenue decline, reduced development aid, and debt distress. |
| Risks Identified | Tariff shocks, geopolitical tensions, volatile markets, gender disparity in employment, need for multilateral cooperation. |