What impact can the IMF's maintenance of India's growth projection at 7% for FY25 have on the economy

IMF maintains India’s growth projection at 7% for FY25
1. **Investor Confidence:** The IMF's maintained projection of 7% growth for India's economy in FY25 can boost investor confidence. Stable growth forecasts may encourage both domestic and foreign investors to make long-term investment decisions in the country. 2. **Policy Decisions:** The consistent growth projection can help policymakers in making informed decisions regarding economic policies, reforms, and stimulus measures to support sustained growth. 3. **Currency and Capital Flows:** A stable growth forecast can positively impact the Indian rupee's value and attract more foreign capital inflows, contributing to economic stability. 4. **Employment and Consumption:** A projected growth rate of 7% can lead to increased job creation, higher incomes, and improved consumer confidence, driving domestic consumption and overall economic activity.
Answered 6 months ago
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